Love Field Modernization, Texas, offers $154.1 million revenue bonds

By Sheri Kasprzak

New York, May 29 - The Love Field Modernization Corp. of Texas plans to price $154.1 million of series 2012 special facilities revenue bonds for the Southwest Airlines Co.-Love Field Modernization Program Project, according to a preliminary official statement. Pricing is expected for the week of May 28.

The bonds will be sold through Goldman Sachs & Co. The co-managers are Loop Capital Markets Inc., Piper Jaffray & Co., Stifel, Nicolaus & Co., Comerica Securities and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to partially finance the construction of a new terminal and related facilities.

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