Edmonton Regional Airports Authority, founded in 1992 and located in Edmonton, Alberta, is responsible for managing and operating Edmonton International Airport and other regional airports. The authority focuses on providing safe, efficient air transportation services while enhancing regional connectivity and promoting economic development through its facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ERAA 3.72% 2051-05-20 CADEdmonton Regional Airports Authority | Canada | 2051-05-20 | 3.715 | 5.19 |
| ERAA 7.21% 2030-11-01 CADEdmonton Regional Airports Authority | Canada | 2030-11-01 | 7.214 | 4.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Edmonton Regional Airports Authority has been actively issuing bonds since its establishment, with the first significant issuance occurring in 1995 to fund airport expansions. Notable recent issuances include a C$200 million bond in 2021, aimed at financing capital projects that enhance environmental sustainability. Currently, the authority's bonds yield approximately 3.5%, which is competitive against the industry average of around 4.0%. These bonds typically feature callable options, allowing the authority flexibility in managing its debt in changing market conditions.