BondCom’s Transportation Restructuring Experience
Since 2001, BondCom has assisted thirty bond issuers within the transportation sector in liability management exercises amounting to over USD 15 billion. BondCom’s clients have included US Airways, Tube Lines Limited, and Delta Air Lines.
Recent transportation related work has included several projects involving California municipal debt. In 2022, BondCom served as the information agent for a successful cash tender offer affecting over USD 1.8 billion of the Alameda Corridor Transportation Authority’s bonds, spread across four series and 39 CUSIP numbers.
In late 2021, BondCom worked with the San Joaquin Hills Transportation Corridor Agency to accomplish tender and exchange offers affecting over USD 985 million of their bonds—and in early 2021 BondCom assisted the Foothill/Eastern Transportation Corridor Agency with a similar transaction affecting over USD 690 million.
If you require assistance with bondholder initiatives, click here to contact BondCom’s team.