FINANCIAL_SERVICESONGOING

Airports Authority Revolving Loan Notes with CN Financing

The Metropolitan Washington Airports Authority continues to utilize a revolving credit facility with CN Financing, Inc. for the Dulles Toll Road, with $90,014,100 in Second Senior Lien Revenue Revolving Loan Notes outstanding as of May 1, 2026. The tax-exempt Subseries A notes bear interest at 80% of Daily Simple SOFR plus 0.85% under an agreement extended in October 2025 and expiring October 2, 2026.

Document date · May 1, 2026

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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$90,014,100 outstanding (interest at 80% of Daily Simple SOFR plus 0.85%)
Contract type
FINANCIAL_SERVICES
Contract term
Revolving Credit Agreement extension and amendment executed October 31, 2025; commitment expires October 2, 2026
Renewal date
2026-10-02
Renewal
Revolving Credit Agreement was extended and amended on October 31, 2025, with the current commitment scheduled to expire on October 2, 2026. No further draws are permitted under the current program.
Document type
Report
Source document
Metropolitan Washington Airports Authority Financial Advisors' Report Dulles Corridor Enterprise 2026-05-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Metropolitan Washington Airports Authority (MWAA)?

Cn Financing Inc was awarded this financial services contract by Metropolitan Washington Airports Authority (MWAA), as recorded on May 1, 2026. The contract value is $90,014,100 outstanding (interest at 80% of Daily Simple SOFR plus 0.85%).

How much is the Cn Financing Inc contract with Metropolitan Washington Airports Authority (MWAA) worth?

The Cn Financing Inc contract with Metropolitan Washington Airports Authority (MWAA) is valued at $90,014,100 outstanding (interest at 80% of Daily Simple SOFR plus 0.85%), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Metropolitan Washington Airports Authority Financial Advisors' Report Dulles Corridor Enterprise 2026-05-01 (Report), dated May 1, 2026 from Metropolitan Washington Airports Authority (MWAA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cn Financing Inc hold?

Cn Financing Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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