Direct Bond Purchaser (Institutional Investor)

Institutional investors are invited to directly purchase bonds issued by the San Francisco Airport Commission through private placements or act as standby buyers, bypassing traditional public underwriting processes. This arrangement allows for efficient capital raising by the Commission while providing qualified investors with secure, long-term investment opportunities tied to essential infrastructure. The contract is structured as a subcontract under NAICS code 523120, targeting financial institutions with the capacity to commit capital in private markets without reliance on public offerings. The opportunity remains open for responses until June 1, 2028, and is administered under the Finance agency of the State of California. Investors are expected to engage directly with the Commission, assuming the role of primary purchasers or standby buyers to ensure funding continuity for airport-related projects. No set-aside provisions apply, and the opportunity is open to all qualified institutional investors meeting the Commission’s criteria. The process emphasizes confidentiality, speed, and flexibility, aligning with the Commission’s strategy to optimize financing terms and reduce issuance costs.