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Published on 8/9/2011 in the Prospect News Municipals Daily.

Dallas and Fort Worth, Texas, to price $105.15 million joint revenue refunding bonds

By Cristal Cody

Tupelo, Miss., Aug. 9 - The cities of Dallas and Fort Worth, Texas, intend to bring $105.15 million in Dallas/Fort Worth International Airport joint revenue refunding bonds, according to a preliminary official statement.

The series 2011D bonds (A1/A+/A+) have serial maturities from 2012 through 2032 and a term due 2036.

M.R. Beal & Co. is the senior manager of the negotiated sale. RBC Capital Markets Corp. is the co-manager.

Proceeds will be used to refund the outstanding series 2001A joint revenue and improvement refunding bonds.


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