Portland, Ore., airport to sell $130.37 million bonds Nov. 5

By Cristal Cody

Tupelo, Miss., Oct. 22 - The Port of Portland in Oregon released additional details on next month's sale of $130.365 million in revenue bonds for the Portland International Airport.

The series 19 bonds (/AA-/) have serial maturities from 2010 through 2023 and terms due 2028 and 2038, according to a preliminary official statement.

The bonds are expected to price on Nov. 5, according to a sale calendar.

Goldman, Sachs & Co. is the senior manager of the negotiated sale, and Merrill Lynch & Co. is the co-manager.

The proceeds will be used for projects that include constructing a new port headquarters building, extending the airport's north runway and deicing system improvements.

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