Metropolitan Washington Airports to price $250 million revenue bonds

By Cristal Cody

Springdale, Ark., June 6 - The Metropolitan Washington Airports Authority plans to price $250 million of revenue bonds, according to a preliminary official statement released Friday.

The series 2008A bonds have serial maturities from 2012 through 2029.

Morgan Stanley is the senior manager of the negotiated sale.

Co-managers are Siebert Brandford Shank & Co., Banc of America Securities LLC, Citigroup Global Markets, Ferris Baker Watts Inc., Lehman Brothers, Loop Capital Markets LLC, Merrill Lynch & Co. and Morgan Keegan & Co.

Proceeds will be used to refinance the outstanding series one and series two commercial paper notes.

Calls for additional information were not immediately returned.

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