Sky Harbour amends JPMorgan-led term loan facility, borrows $20 million for Miami-Opa Locka project

Sky Harbour Group Corp. Class A
Jpmorgan Chase

Sky Harbour Group Corp. Class A

SKYH

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Jpmorgan Chase

JPM

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  • Sky Harbour entered a second amendment to its JPMorgan-led term loan facility on June 29, 2026.
  • Amendment allows a one-time borrowing of up to USD 20 million to fund the OPF Phase II project at Miami-Opa Locka Executive Airport.
  • Sky Harbour Capital II drew USD 20 million on June 29; the OPF Phase II project was not added to the borrowing base.
  • Amendment requires at least USD 20 million of cash contributions to borrowers; proceeds from Series 2026 Bonds may be used.
  • Sky Harbour guaranteed the replenishment obligations; borrowers agreed not to lien the San José hangar campus until replenishment is completed.


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