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Published on 6/20/2011 in the Prospect News Municipals Daily.

New Issue: Dallas and Fort Worth price $111.36 million of airport refunding bonds

By Sheri Kasprzak

New York, June 20 - Dallas and Fort Worth, Texas, sold $111.355 million of series 2011A taxable airport joint revenue refunding bonds for the Dallas-Fort Worth International Airport on Monday, said a pricing sheet.

The bonds were sold through Morgan Stanley & Co. Inc. and Morgan Keegan & Co. Inc.

The bonds are due 2011 and 2013 to 2021 with coupons of 0.35% to 4.442%.

Proceeds will be used to refund the airport's series 1998 and 1999 airport facility improvement corporation rental car facility charge revenue bonds.

Issuer:Dallas and Fort Worth, Texas/Dallas-Fort Worth International Airport
Issue:Series 2011A taxable airport joint revenue refunding bonds
Amount:$111.355 million
Type:Negotiated
Underwriters:Morgan Stanley & Co. Inc. and Morgan Keegan & Co. Inc.
Pricing date:June 20
Settlement date:June 30
AmountMaturityTypeCouponPrice
$3.56 million2011Serial0.35%100
$10.815 million2013Serial1.479%100
$10.975 million2014Serial1.934%100
$11.19 million2015Serial2.434%100
$11.46 million2016Serial2.889%100
$11.795 million2017Serial3.239%100
$12.175 million2018Serial3.591%100
$12.61 million2019Serial3.941%100
$13.11 million2020Serial4.262%100
$13.665 million2021Serial4.442%100

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