The Bond Buyer - Richard Williamson
With air travel rapidly returning to pre-pandemic norms, Salt Lake City is offering $900 million of revenue bonds for redevelopment of its airport.
“This is really the only big international airport that Utah is going to have,” said Bill Wyatt, chief executive for Salt Lake City International Airport in a presentation on the redevelopment plan. "So, it’s really important to get it right.”
In 2017 and 2018, the airport issued about $1.7 billion of bonds to finance Phase 1 construction costs that are now in service, said airport chief financial officer Brian Butler.