|8-KJan 29, 5:25 PM ET

Sky Harbour Group Corp 8-K

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Sky Harbour Group Announces $150M Tax-Exempt Bond Financing

What Happened
Sky Harbour Group Corporation announced that its subsidiary, Sky Harbour Capital III LLC, entered into an agreement for $150.0 million in financing via the sale of Series 2026 private activity tax-exempt senior bonds through municipal conduit issuer Public Finance Authority (PFA). The Company issued a press release on January 29, 2026; the bonds are expected to be issued on or about February 12, 2026, subject to customary closing conditions.

Key Details

  • Financing amount: $150.0 million (Series 2026 Bonds).
  • Structure: Unrated, fixed-rate, tax-exempt senior bonds issued through PFA (municipal conduit).
  • Pricing and yield: Priced at par to yield 6.00%.
  • Term feature: Mandatory tender date of January 1, 2031.
  • Timing: Press release dated January 29, 2026; expected issuance on or about February 12, 2026.

Why It Matters
This transaction provides Sky Harbour’s subsidiary with committed financing that will affect the company’s debt profile and liquidity once issued. The tax-exempt municipal conduit structure and a 6.00% yield may offer cost or tax advantages relative to taxable debt, while the mandatory tender in 2031 creates a refinancing or repurchase event investors should note. The filing is a Regulation FD disclosure and furnishes the press release as Exhibit 99.1.