John F. Brown Company - Recent Financing

FEASIBILITY STUDIES (1999 to Present)

John F. Brown Company has helped bring more than $17 billion of airport debt to market since 1980, including more than $8 billion since 1999. Our experience since September 11, 2001 has only increased as we have completed feasibility studies for four of the 12 largest (in terms of 2002 total passengers) U.S. airports including Phoenix, Minneapolis, San Francisco and Miami. Collectively this amounts to over $5 billion total airport debt since September 11, 2001.

Pending issues and past issues in the last three years are noted below. The nature of all work is to complete a feasibility study and assist and participate in rating agency presentations as necessary, unless otherwise noted.

$300,000,000 Raleigh-Durham Airport Authority (RDU), Variable Rate Airport Revenue Bonds Series 2006A-E, June 2006.
$ 467,000,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Variable Rate Revenue Refunding Bonds, Issue 33, January 2006.
$300,000,000 Metropolitan Washington Airports Authority (MWAA), Airport System Revenue Bonds, Series 2006A, January 2006.
$600,000,000 Miami-Dade County, Florida (MIA), Aviation Revenue Bonds, Series 2005 A, B, and C, November 2005.
$373,015,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Subordinate Airport Revenue Bonds, Series 2005A, B, & C, May 2005.
$67,535,000 Burbank-Glendale-Pasadena Airport Authority (BUR), Airport Revenue Bonds, 2005 Series A-C, May 2005.
$369,775,000 Metropolitan Washington Airports Authority (MWAA), Airport System Revenue and Refunding Bonds Series 2005A, B, and C, March 2005.
$125,295,000 Raleigh-Durham Airport Authority (RDU), Airport Revenue Bonds Series 2005A & B, March 2005.
$199,900,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Variable Rate Revenue Refunding Bonds, Issue 32, January 2005.
$111,695,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Taxable Revenue Refunding Bonds, Issue 31 F, January 2005.
$35,000,000 Piedmont Triad Airport Authority (GSO), Airport Revenue Bonds, Series 2004 B, September 2004.
$14,960,000 Piedmont Triad Airport Authority (GSO), Airport Revenue Refunding Bonds, Series 2004 A, April 2004.
$109,950,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Subordinate Airport Revenue Bonds, Series 2004 A, April 2004.
$400,000,000 Miami-Dade County, Florida (MIA), Aviation Revenue Bonds, Series 2004 A, B, and C, April 2004.
$34,820,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Refunding Bonds, Issue 30, January 2004.
$150,000,000 Metropolitan Washington Airports Authority (MWAA), Airport System Revenue Variable Rate Bonds Series 2003D, September 2003.
$281,700,000 Metropolitan Washington Airports Authority (MWAA), Airport System Revenue and Refunding Bonds Series 2003A, B, and C, September 2003.
$102,690,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Subordinate Airport Revenue Bonds, Series 2003 A, June 2003.
$600,000,000 Miami-Dade County, Florida (MIA), Aviation Revenue Bonds, Series 2003 A, B, C, D, and E, May 2003.
$137,515,000 Cincinnati/Northern Kentucky International Airport (CVG) Revenue Bonds, Series 2003 A and B, April 2003.
$156,975,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Refunding Bonds, Issue 29; January 2003.
$600,000,000 Miami-Dade Aviation Department (MIA), Aviation Revenue Bonds, Series 2002A; December 2002.
$180,685,000 Greater Orlando Aviation Authority (MCO), Airport Facilities Variable Rate Refunding Revenue Bonds, Series 2002E; September 2002.
$114,410,000 Greater Orlando Aviation Authority (MCO), Airport Facilities Revenue Refunding Bonds, Series 2002C, D & A; June 2002.
$299,000,000 Miami-Dade Aviation Department (MIA), Aviation Revenue Bonds, Series 2002; May 2002.
$164,515,000 Greater Orlando Aviation Authority (MCO), Airport Facilities Revenue Bonds, Series 2002A & B; May 2002.
$414,180,000 City of Phoenix Civic Improvement Corporation (PHX), Airport Revenue Bonds, Series 2002A, B, & C; May 2002.
$365,000,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Refunding Bonds, Issue 28; March 2002.
$91,625,000 Kenton County Airport Board Cincinnati/Northern Kentucky International Airport (CVG), Revenue Refunding Bonds, Series 2002A; March 2002.
$164,000,000 Miami International Airport loan under the Transportation Infrastructure Finance and Innovation Act of 1998 (TIFIA) to finance construction of a consolidated rental car facility; pending – originally scheduled for November 2001.
$488,525,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Refunding Bonds, Issue 27; June 2001.
$412,310,000 Department of Aviation of the City and County of Denver (DEN), Airport System Revenue Refunding Bonds, Series 2001A & B; June 2001.
$450,815,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Airport Revenue Bonds, Series 2001 A, B; C, & D; May 2001.
$33,780,000 Piedmont Triad Airport Authority (GSO), Airport Revenue Bonds, Series 2001A & B; April 2001.
$238,185,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Bonds, Issue 26A & B; December 2000.
$23,250,000 City of Corpus Christi Department of Aviation (CRP), Airport Revenue Bonds; September 2000.
$19,390,000 San Francisco International Airport Special Facilities Lease Revenue Bonds (SFO Fuel Company LLC), Series 2000A; June 2000.
$204,070,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Airport Revenue Bonds, Series 2000 A & B; May 2000.
$250,000,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Bonds, Issue 24 & 25; March 2000.
$140,000,000 Miami-Dade Aviation Department (MIA), Aviation Revenue Bonds, Series 2000A & B; March 2000.
$267,510,000 Minneapolis-St. Paul Metropolitan Airports Commission (MSP), Airport Revenue Bonds, Series 1999 A & B; July 1999.
$250,000,000 Airport Commission of the City and County of San Francisco (SFO), Second Series Revenue Refunding Bonds, Issue 23A & B; May 1999.