The New Terminal One at JFK Announces $2.55 billion Green Bond Issuance

Press Release Provided by The New Terminal One

June 27, 2024

JAMAICA, N.Y., June 27, 2024 /PRNewswire/ — The New Terminal One at John F. Kennedy International Airport has successfully concluded a historic $2.55 billion Green Bond issuance, the largest ever municipal bond financing for an airport project.

Proceeds from the 2024 Series bonds will be primarily used to finance and refinance a portion of the costs of constructing the initial phase of the New Terminal One development, a portion of which were initially funded with the bank facility that was raised in June 2022…

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