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Published on 1/14/2010 in the Prospect News Municipals Daily.

Clark County, Nev., plans to sell $800 million airport bonds Thursday

By Sheri Kasprzak

New York, Jan. 14 - Clark County in Nevada plans to bring to market $800 million in airport-related bonds. There are two offerings planned for Thursday, according to a sales calendar.

The county plans to price $450 million in series 2010 Las Vegas-McCarran International Airport passenger facility charge revenue bonds and $350 million in series 2010 subordinate-lien revenue bonds.

The bonds (Aa3/A+/) will be sold on a negotiated basis with Citigroup Global Markets Inc.

Proceeds will be used to fund improvements to the Las Vegas airport.


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