Published on 8/15/2013 in the Prospect News Municipals Daily.
New Issue: Dallas/Fort Worth International Airport sells $225.31 million of bonds
By Sheri Kasprzak
New York, Aug. 15 - The Dallas/Fort Worth International Airport sold $225.31 million of series 2013E AMT joint revenue refunding bonds, according to a pricing sheet.
The bonds (A2) were sold through senior manager Citigroup Global Markets Inc.
The bonds are due 2014 to 2033 with 4% to 5.5% coupons and 0.60% to 5.37% yields.
Proceeds will be used to refund existing airport revenue debt.
| Issuer: | Dallas/Fort Worth International Airport
|
| Issue: | Series 2013E AMT joint revenue refunding bonds
|
| Amount: | $225.31 million
|
| Type: | Negotiated
|
| Underwriter: | Citigroup Global Markets Inc. (lead)
|
| Rating: | Moody's: A2
|
| Pricing date: | Aug. 15
|
| Settlement date: | Aug. 29
|
|
|
| Amount | Maturity | Type | Coupon | Price | Yield
|
| $7,115,000 | 2014 | Serial | 5% | 105.131 | 0.60%
|
| $10.52 million | 2015 | Serial | 4% | 106.429 | 1.00%
|
| $16.99 million | 2016 | Serial | 5% | 111.064 | 1.42%
|
| $17.94 million | 2017 | Serial | 5% | 112.247 | 1.93%
|
| $24.49 million | 2018 | Serial | 5% | 112.365 | 2.44%
|
| $17,875,000 | 2019 | Serial | 5% | 112.025 | 2.86%
|
| $24.41 million | 2020 | Serial | 5% | 110.639 | 3.32%
|
| $14,835,000 | 2021 | Serial | 5% | 109.238 | 3.68%
|
| $25.72 million | 2022 | Serial | 5% | 107.689 | 3.99%
|
| $21.74 million | 2023 | Serial | 5% | 107.075 | 4.14%
|
| $20.45 million | 2024 | Serial | 5.5% | 109.365 | 4.35%
|
| $2,445,000 | 2026 | Serial | 4.75% | 99.316 | 4.82%
|
| $5,065,000 | 2027 | Serial | 5.5% | 105.245 | 4.84%
|
| $1.62 million | 2029 | Serial | 5% | 99.009 | 5.09%
|
| $2.98 million | 2031 | Serial | 5% | 96.973 | 5.26%
|
| $2,495,000 | 2032 | Serial | 5.125% | 97.666 | 5.32%
|
| $8.62 million | 2033 | Serial | 5.25% | 98.524 | 5.37%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
