Austin, Texas, preps $144 million sale of rental car revenue bonds

By Sheri Kasprzak

New York, Jan. 28 - The City of Austin, Texas, plans to price $144 million of series 2013 special rental car facility revenue bonds during the week of Jan. 28, according to a sales calendar.

The bonds (//BBB+) will be sold through Wells Fargo Securities LLC.

Proceeds will be used to finance the construction of a consolidated car rental facility at Austin-Bergstrom International Airport.

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