The New Terminal One (NTO) at John F. Kennedy (JFK) International Airport has concluded a $2.55bn green bond issuance. New Terminal One confirmed that proceeds from the 2024 Series bonds will be primarily used to finance and refinance a portion of the costs of constructing the initial phase of the New Terminal One development, a portion of which were initially funded with the bank facility that was raised in June 2022. The Series 2024 special facilities revenue bonds were initially marketed at $1.5 billion. Due to investor demand indicated during pre-marketing and then demonstrated during the order period, the issuance
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.