Frost Brown Todd LLC

05/18/2026 | Press release | Distributed by Public on 05/18/2026 13:00

Texas FBT Gibbons Team Serves as Underwriter’s Counsel on $1.15 Billion City of Austin Airport Bonds Offering

  • Texas FBT Gibbons Team Serves as Underwriter's Counsel on $1.15 Billion City of Austin Airport Bonds Offering

    May 18, 2026

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An FBT Gibbons team, including Martina Hinojosa, Cheryl Rosenberg, Rahat Huq, and Robin Smith, represented Jefferies and an underwriting syndicate consisting of J.P. Morgan, HilltopSecurities Inc., Loop Capital Markets, and Stifel as underwriter's counsel in connection with the City of Austin's $300.09 million Airport System Revenue and Refunding Bonds, Series 2026A (non-AMT), and $850.13 million Airport System Revenue and Refunding Bonds, Series 2026B (AMT).

The funds will support near-term projects within the Airport Expansion and Development Program, a multibillion-dollar initiative designed to modernize facilities, increase capacity, and enhance the passenger experience at Austin-Bergstrom International Airport. Projects include new concourses, expanded passenger facilities, and upgraded infrastructure as the airport works to accommodate rapid growth in passenger volume.

Frost Brown Todd LLC published this content on May 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 18, 2026 at 19:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]