Metropolitan Washington Airports Authority plans to remarket $140.78 million variable-rate bonds

By Cristal Cody

Springdale, Ark., March 7 - The Metropolitan Washington Airports Authority plans to remarket $140.775 million airport system revenue variable-rate bonds, according to an official remarketing statement released Friday.

The series 2003 D bonds will be converted March 13 from an auction mode to a weekly interest rate. The series includes $70.475 million subseries 2003 D-1 bonds and $70.3 million subseries 2003 D-2 bonds.

The bonds are due Oct. 1, 2033.

Goldman, Sachs & Co. is the remarketing agent for series 2003 D-1 bonds, and Morgan Stanley is the agent for series 2003 D-2 bonds.

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