debt
confidence high
sentiment positive
materiality 0.65
Sky Harbour prices $150M Series 2026 bonds at 6.0% yield; upsized from $100M on strong demand
Sky Harbour Group Corp
- Series 2026 bonds: $150M private activity tax-exempt senior bonds, 6.0% coupon, mandatory tender Jan 1, 2031.
- Issuance upsized from original $100M; received ~$450M in orders from 18 institutional investors.
- Proceeds to fund hangar construction at seven airports; combined with JPMorgan's $200M draw-down facility.
- Expected close February 12, 2026; subordinated bonds double target return on project equity.