San Francisco Airport to Price $480M in Debt Despite Crash

San Francisco International Airport plans to go ahead with plans to price $480 million in debt next Thursday even as the airport faces an investigation into a crash landing at the airport last weekend that left two dead and five seriously injured.

Packed with more than 300 passengers, Asiana Airlines flight 214 crashed into the runway while landing at SFO at 11:30 a.m. Saturday, according to the San Francisco Examiner.

The airport's financial team confirmed plans to move ahead on plans to price the debt even though the airport is under investigation by the National Transportation Safety Board.

The bonds received A ratings from the three largest rating companies in reports released the week prior to the crash.

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Transportation industry California
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