The New Terminal One (NTO) at John F. Kennedy (JFK) International Airport has concluded a $2.55bn green bond issuance. New Terminal One confirmed that 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. The Series 2024 special facilities revenue bonds were initially marketed at $1.5 billion. Due to investor demand indicated during pre-marketing and then demonstrated during the order period, the issuance

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