Private-jet boom comes to muni market with high-yield bond deal
MILLION Air, a luxury aviation company catering to the ultra-rich and high-flying executives, is borrowing US$120.5 million from Wall Street to expand its operations in Austin to meet pent-up demand for hangar space to park private jets. Originally founded for the Mary Kay cosmetics company, a wholly-owned subsidiary of Million Air’s parent company plans to […]
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