
St Johns International Airport Authority, established to oversee operations at St. John's International Airport in Newfoundland and Labrador, Canada, plays a critical role in regional transportation and economic development. The authority is responsible for managing airport services, including passenger and cargo operations, while promoting connectivity and growth within the province.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SJIAA 5.25% 2037-05-11 CADSt Johns International Airport Authority | Canada | 2037-05-11 | 5.252 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the St Johns International Airport Authority has actively utilized bond issuances to finance infrastructure improvements and expansions at the airport. Notably, they issued their first bonds in 2005 to fund terminal renovations, with subsequent significant issuances occurring in 2015 for runway upgrades. Current bond yields are competitive within the industry, and the authority maintains an investment-grade rating, reflecting its stable financial position. Recently, the issuance of green bonds has highlighted its commitment to sustainability, aligning with global initiatives for environmentally friendly airport operations.