By Sheri Kasprzak
New York, May 12 – The Tulsa Municipal Airport in Oklahoma sold $104,225,000 of series 2015 trust revenue refunding bonds for American Airlines Inc. on Tuesday, according to a pricing sheet.
The bonds were sold through Barclays.
The securities, which mature June 1, 2035, have a 5% coupon priced at 107.754 to yield 4.05%.
Proceeds will be used to refund existing debt issued for American Airlines facilities at the airport.
Issuer: | Tulsa Municipal Airport/American Airlines Inc.
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Issue: | Series 2015 trust revenue refunding bonds
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Amount: | $104,225,000
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Maturity: | June 1, 2035
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Coupon: | 5%
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Price: | 107.754
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Yield: | 4.05%
|
Type: | Negotiated
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Underwriter: | Barclays
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Pricing date: | May 12
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Settlement date: | May 27
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