The New Terminal One (NTO), a consortium of labor, operating and financial partners at New York's John F. Kennedy International Airport, is preparing to issue $2.55 billion in bonds in June to continue refinancing bank loans raised in 2022, two sources familiar with the deal said. It is the second time JFK's NTO will issue bonds in less than a year.
(Bloomberg) -- Saudia Arabia’s wealth fund stands to gain a bigger stake in London Heathrow Airport alongside its bidding partner, French private equity firm Ardian, after more shareholders in the London hub agreed to offload their holdings.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot More Often After CovidBeaches on Singapore’s Sentosa Island Closed After