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Finance committee approves up to $1.3 billion in airport bonds and new short‑term note program
Summary
The committee authorized issuance of up to $1.3 billion in airport general revenue bonds (series 2025 A/B) and approved a short‑term revolving note program backed by revolving credit allocations from Bank of America, PNC and Wells Fargo.
The Finance Executive Committee approved ordinances authorizing the city to issue up to $1.3 billion in airport general revenue bonds and to establish a 2025 short‑term note program to support the Atlanta airport capital program, including Concourse D widening and to refinance outstanding commercial paper.
Courtney Knight, chief of treasury, debt and investments, told the committee that the bonds will fund ongoing capital projects under the ATL Next program and refinance existing…
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