Estrada Hinojosa has served as financial advisor to Dallas/ Fort Worth International Airport since 2003. During this timeframe we have advised on 34 transactions for a total par value in excess of $8.3 billion. Starting in 2011, Estrada Hinojosa helped the Airport complete a comprehensive restructuring of its outstanding debt in preparation for the Airport’s extensive Terminal Renewal and Improvement Program (TRIP) as well as other Airport projects. Between 2011 and 2014, the Airport completed 24 AMT and non-AMT refunding and new money transactions for a combined par value of over $5.9 billion. Refunding transactions yielded approximately $388.99 million in NPV savings, proving capacity for about $2.49 billion of total new money and approximately $519.61 million in capitalized interest. In 2016 we helped the Airport complete a $280.4 million private placement that provided new money for general purpose provides as well as refunded outstanding bonds for debt service savings and in 2017 we helped them complete another private placement of $302.37 million for airfield improvements.
The Airport’s extensive capital program in late 2012 and much of 2013 won the Bond Buyer “Deal of the Year” award for the Southwest Region as outlined below. Estrada Hinojosa is proud to have served as co-financial advisor for all transactions.
Dallas/Ft. Worth International Airport (DFW)