Port of Portland, Ore., plans $57.51 million sale of revenue bonds

By Sheri Kasprzak

New York, March 3 - The Port of Portland, Ore., is expected to sell $57.51 million of series 21 Portland International Airport refunding revenue bonds, according to a preliminary official statement.

The offering includes $5.455 million of series 21-A non-AMT bonds and $52.055 million of series 21-B AMT bonds.

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

The series 21-A bonds are due 2012 to 2015, and the 21-B bonds are due 2012 to 2018.

Proceeds will be used to refund Portland International Airport's series 15-A, 15-B and 15-D bonds.

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