Lehman Brothers, Inc. partner and financial advisor for the construction of the new Terminal 4, is firmly established as one of the leading investment banking firms in structuring and underwriting securities for airport improvement projects. Since 1990, Lehman Brothers has served as book-running senior manager for 24 airport projects totaling $4 billion, as co-senior manager for 15 transactions totaling $1.5 billion, and as co-manager for an additional 36 transactions representing $6 billion. Lehman Brothers maintains a dedicated Airport and Transportation Finance Group staffed with five investment banking professionals with significant experience in airport financings. The group's expertise includes introducing new airport credits to the capital markets, preparing strategic financial plans, developing new bond documents and structuring innovative refinancing techniques.
Over the past five years, Lehman Brothers has been involved in airport financing in Alaska, Cleveland, Denver, Hawaii, Indiana, Los Angeles, Nashville, New York, Orange County, Richmond, Salt Lake City, San Juan, Seattle, Tampa and Washington, DC.