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Published on 10/12/2010 in the Prospect News Municipals Daily.

Port of Portland, Ore., to sell $154.14 million airport revenue bonds

By Sheri Kasprzak

New York, Oct. 12 - The Port of Portland, Ore., plans to price $154.135 million in Portland International Airport revenue bonds, according to a preliminary official statement.

The offering includes $25.61 million in series 20-A non-AMT governmental purpose bonds, $21.225 million in series 20-B non-AMT private activity bonds, $97.765 million in series 20-C AMT bonds and $9.535 million in series 20-D Build America Bonds.

The bonds will be sold through Goldman Sachs & Co. and Bank of America Merrill Lynch.

The maturities have not been set.

Proceeds will be used to install, construct, equip and acquire improvements to the Portland International Airport.


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