CEO Message Overview Environment Social Governance
Index
Bonds
The Airports Authority finances a Capital Construction Program for the Aviation Enterprise and a Capital Improvement Program for the Dulles Corridor Enterprise through the issuance of revenue bonds .
Bonds Outstanding & Composition as of Jan . 1 , 2024
Bonds Outstanding
Fixed Rate Composition Aviation Enterprise $ 4.2 billion 95.7 % Dulles Corridor Enterprise $ 3.5 billion 100 %
Figures may represent approximate and / or rounded figures .
In line with our commitment to sustainable financial practices , the Airports Authority has capitalized on opportunities to refinance debt over the past 10 years during periods of low-interest rates . By proactively refinancing outstanding bonds , we have reduced our overall debt burden and associated costs .
In 2023 , the Airports Authority generated $ 8.9 million in present value debt service savings by issuing the Series 2023A Airport System Revenue and Refunding Bonds , which included a refunding of $ 163.8 million of previously issued and outstanding bonds .
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