Bond Refunding Saves St. Louis Lambert International Airport $29 Million

Bond Refunding Saves St. Louis Lambert International Airport $29 Million

The Comptroller’s Office delivered a $29.26 million savings for St. Louis Lambert International Airport by refinancing its 2009 airport revenue bonds

St. Louis, MO (STL.News) – Comptroller Darlene Green announced yesterday that the City of St. Louis saved more than $29 million by refinancing St. Louis Lambert International Airport (STL)’s Series 2009A-1 Airport Revenue bonds.

“With favorable market conditions, the City of St. Louis was able to deliver a $29.26 million present value savings for St.

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