Dallas, Fort Worth to sell $301 million revenue bonds for Dallas-Fort Worth International Airport

By Sheri Kasprzak

New York, Oct. 25 - The cities of Dallas and Fort Worth, Texas, are set to sell $301 million in series 2010A joint revenue improvement bonds for the Dallas-Fort Worth International Airport during the Oct. 25 week, according to a preliminary official statement.

The bonds (A1) will be sold on a negotiated basis with Jefferies & Co. and Loop Capital Markets LLC as the senior managers. The co-managers are Barclays Capital Inc., Morgan Stanley & Co. Inc., Raymond James & Associates Inc. and Stifel, Nicolaus & Co.

The maturities have not been set.

Proceeds will be used to finance capital improvements at the Dallas-Fort Worth International Airport, including terminal renewals and improvements.

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