Hunton Andrews Kurth LLP’s public finance team served as bond counsel to the City of Atlanta, in its $1.03 billion bond issuance for Hartsfield-Jackson Atlanta International Airport, marking the largest single-bond transaction for the airport. Of this total, an $927 million was issued as green bonds, marking one of the largest green bond offerings for an airport in the country.

The transaction features three series: (1) $52 million Series 2025A green tax-exempt bonds; (2) $927 million Series 2025B-1 green bonds (tax-exempt but subject to AMT); and (3) $52 million Series 2025B-2 AMT bonds. The bonds will support a $12.6 billion capital improvement program through 2031. Projects funded by the green bonds will advance the airport’s goals of 100% clean energy by 2035 and net zero emissions by 2050, and include major infrastructure improvements such as the widening of Concourse D, Gate Modernization, Delta Sky Club renovations and upgrades to the Sky Train.

This transaction reflects both the airport’s financial strength and its commitment to sustainable infrastructure. This was the third transaction Hunton assisted the City of Atlanta with this summer. In addition to this landmark transaction, Hunton assisted the city in the establishment of a $750 million short term revolving facility for the airport with three credit providers, and a $310 million financing for the airport's consolidated rental car center.

The Hunton team was led by partner Douglass Selby, with assistance from special counsel Darrell B. Smelcer and associate Molly R. Brannan.