07:16 AM EDT, 09/05/2025 (MT Newswires) -- Sky Harbour Group ( SKYH ) said Friday it closed a $200 million tax-exempt warehouse drawdown committed bank facility with JPMorgan ( JPM ) .

The financing was arranged through the Public Finance Authority in Wisconsin, with Sky Harbour Capital II as the initial borrower, the company said.

The facility provides 65% leverage, a five-year maturity, a floating rate of about 5.6%, and flexibility for future refinancing, Sky Harbour ( SKYH ) said.

Subject to approval, the arrangement may be expanded to $300 million, it added.