| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers C > Headlines for Cleveland > News item |
Cleveland to sell $74.91 million of airport system revenue bonds
By Sheri Kasprzak
New York, Oct. 26 - The City of Cleveland plans to bring to market $74.91 million of series 2011A non-AMT airport system revenue bonds, according to a preliminary official statement.
The bonds (Baa1/A-/A-) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as the senior managers. The co-managers are Bank of America Merrill Lynch, KeyBanc Capital Markets LLC, RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC.
The bonds are due 2013 to 2024.
Proceeds will be used to fund certain capital improvement projects and refund existing debt.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.