Wisconsin to Sell $100 Million in Bonds For Airport Hangar Projects
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Wisconsin's Public Finance Authority plans to sell $100 million in tax-exempt bonds to fund aircraft storage facilities, with proceeds going to Sky Harbour LLC for airport projects nationwide. The Series 2026 bonds, due in 2060, will be priced on Jan. 29 and close on Feb. 12. Interest is payable semiannually. The bonds are secured by a guarantee from Sky Harbour LLC and target airports with high demand for private hangar space. Barclays Capital leads the offering, with J.P. Morgan and Academy Securities as co-managers.
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