Metropolitan Airports Commission, Minn., plans to price $136.55 million revenue bonds Tuesday

By Sheri Kasprzak

New York, July 26 - The Metropolitan Airports Commission of Minnesota is expected to price its previously announced $136.55 million offering of series 2010 senior airport revenue bonds on Tuesday, according to a calendar of upcoming sales.

The bonds will be sold through Barclays Capital Inc. and Piper Jaffray & Co., with Citigroup Global Markets Inc., J.P. Morgan Securities Inc., RBC Capital Markets Corp. and Wells Fargo Securities LLC as the co-managers.

Proceeds will be used to finance capital improvements and repay existing commercial paper notes.

Based in Minneapolis, the commission owns and operates the Minneapolis-St. Paul International Airport, as well as six other airports in the Twin Cities region.

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