fbpx

HIA owner approves bond refinancing

The Susquehanna Area Regional Airport Authority today approved the refinancing and restructuring of about $43 million in airport bonds.

The Susquehanna Area Regional Airport Authority today approved the refinancing and restructuring of about $43 million in airport bonds. The bonds were sold in 2003 and 2004 to help pay for the new terminal building at Harrisburg International Airport. The authority owns and operates the Dauphin County airport.

The bonds are being refinanced because their interest rates have risen as a result of the collapse of the subprime-interest market, among other factors, authority officials said. The elevated interest rates could mean a $450,000 increase in interest payments for the authority in 2008, officials said.

Business Events

Best Places to Work in PA

Thursday, December 03, 2020
Best Places to Work in PA

2020 Icon Honors

Tuesday, December 15, 2020
2020 Icon Honors

Nonprofit Innovation Awards

Thursday, May 20, 2021
Nonprofit Innovation Awards

Reader Rankings Awards

Thursday, June 10, 2021
Reader Rankings Awards