Minneapolis-St. Paul Metropolitan Airports to sell $93.69 million revenue refunding bonds

By Sheri Kasprzak

New York, Sept. 21 - The Minneapolis-St. Paul Metropolitan Airports Commission is expected to price $93.69 million of series 2010 subordinated airport revenue refunding bonds (/A/A), said a preliminary official statement.

The sale includes $21.88 million of series 2010C non-AMT bonds and $71.81 million of series 2010D AMT bonds.

Piper Jaffray & Co. and J.P. Morgan Securities Inc. are the senior managers. The co-managers are Barclays Capital Inc., Citigroup Global Markets Inc., RBC Capital Markets Corp. and Wells Fargo Securities Inc.

Proceeds will be used to refund the commission's senior series 2001B and subordinated series 2001D bonds.

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