Booming Florida region using bonds to upgrade airport

By: Robert Slavin

Excerpt from the article:

(January 30, 2026) "Put bonds are not that unusual for airports," according to Cumberland Advisors Vice President and Chief Investment Officer John Mousseau. "Really, the airport [is] taking advantage of the steep yield curve and willing to remarket bonds in a few years, betting the remaking of both puts (or bonding out) is a better deal than issuing long bonds now."

Proceeds from the Series 2026A-1 and A-2 bonds will be used primarily to complete Concourse E at the Main Terminal building. Proceeds from the Series 2026B bonds will be used to refund Series 2015 bonds and to build a public safety building.


 

 

 

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John R. Mousseau, CFA
Chief Investment Officer
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John R. Mousseau, CFA
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The Bond Buyer