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San Antonio to Borrow $944 Million for Major Airport Expansion

Bloomberg Markets Friday 17 July 2026, 17:21 UTC By Aashna Shah 1 min read
Key Points

Bonds San Antonio to Borrow $944 Million for Major Airport Expansion San Antonio, one of the fastest-growing US metro areas, is tapping the bond market for almost $1 billion as part of an ambitious program to expand and improve its airport. The Texas city, home to Victor Wembanyama’s San Antonio Spurs basketball team, is seeking to borrow about $944 million to help finance a 20-year development plan at accommodating increased passenger demand and beefing up operating efficiency at the...

Bonds San Antonio to Borrow $944 Million for Major Airport Expansion San Antonio, one of the fastest-growing US metro areas, is tapping the bond market for almost $1 billion as part of an ambitious program to expand and improve its airport. The Texas city, home to Victor Wembanyama’s San Antonio Spurs basketball team, is seeking to borrow about $944 million to help finance a 20-year development plan at accommodating increased passenger demand and beefing up operating efficiency at the airport. The cornerstone of the project involves construction of a new terminal with up to 18 gates and more than 850,000 square feet of space, at a cost of roughly $1.7 billion.
San Antonio (LOCATION) Major Airport Expansion Bonds San Antonio (ORG) Major Airport Expansion San Antonio (LOCATION) US (LOCATION) Texas (LOCATION) Victor Wembanyama (PERSON) San Antonio Spurs (LOCATION)
Originally published by Bloomberg Markets Read original →

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