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Sacto Flies To Market For Airport.
- Source :
- Bond Buyer; 9/20/2024, Vol. 396 Issue F770, pCover-4, 2p, 2 Color Photographs, 2 Charts
- Publication Year :
- 2024
-
Abstract
- The Sacramento County, California, Airport System is planning to issue $478 million of revenue bonds to fund the expansion of Sacramento International Airport. The bonds will not be subject to the alternative minimum tax and are expected to attract high-net-worth investors seeking tax breaks. The airport's passenger traffic has already recovered from the COVID-19 pandemic, and the expansion is driven by projected growth in enplanements. The financing package for the capital program will include federal grants and loans, cash financing, and a bridge loan from Wells Fargo. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 07320469
- Volume :
- 396
- Issue :
- F770
- Database :
- Complementary Index
- Journal :
- Bond Buyer
- Publication Type :
- Periodical
- Accession number :
- 179759689