Dallas and Fort Worth arrange $381.09 million sale of airport bonds

By Sheri Kasprzak

New York, July 17 - The cities of Dallas and Fort Worth are expected to come to market with $381.09 million of series 2012D Dallas/Fort Worth International Airport joint revenue improvement bonds, according to a preliminary official statement.

The bonds (A1/A+/A+) will be sold on a negotiated basis with Barclays Capital Inc., Siebert Brandford Shank & Co. LLC, Citigroup Global Markets Inc. and Stifel, Nicolaus & Co. as the lead managers.

The maturities have not been set.

Proceeds will be used to finance capital improvements to the airport.

© 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.