Dallas and Fort Worth, Texas, prepare $367 million airport bond deal

By Sheri Kasprzak

New York, June 17 - The cities of Dallas and Fort Worth, Texas, are set to price $366.99 million of series 2013C AMT joint airport revenue improvement bonds for the Dallas-Fort Worth International Airport, according to a preliminary official statement. Pricing is expected to take place during the week of June 17.

The bonds (A2/A+/A) will be sold through senior managers Jefferies & Co. and Siebert Brandford Shank & Co. LLC with Barclays and Cabrera Capital Markets LLC as the co-managers.

The bonds are due 2026 to 2045.

Proceeds will be used to finance improvements and additions to the airport.

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