CHICAGO — Struggling to repay $113 million of debt that financed its privately owned and operated airport in Missouri’s Ozark Mountains, Branson Airport LLC has won a reprieve against enforcement actions from bondholders who agreed to extend a forbearance agreement.

The original forbearance, in which bondholders agreed not to take enforcement against the airport, which last year defaulted on its bond terms, expired June 30. Bondholders agreed to an amended one to give the airport more time to succeed in light of new service coming to it next year, according to a notice posted Monday by the bond trustee, UMB Bank NA.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.