Milwaukee County, Wis., to sell $81.05 million in airport bonds

By Sheri Kasprzak

New York, Sept. 23 - Milwaukee County in Wisconsin is expected to price $81.045 million in series 2010 airport revenue and refunding bonds, said a preliminary official statement.

The sale includes $29.75 million in series 2010A non-AMT revenue bonds and $51.295 million in series 2010B AMT refunding bonds.

The 2010A bonds are due 2015 to 2034. The 2010B bonds are due 2011 to 2023.

The senior managers are Bank of America Merrill Lynch and Siebert Brandford Shank & Co. LLC.

Proceeds will be used to construct a snow equipment building at the General Mitchell International Airport in Milwaukee, construct an inline security structure at the airport, finance runway security improvements, renovate the airport's Gate D-52, provide lighting for the airport's parking structure and refund existing debt.

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