Dallas and Fort Worth to sell $268.67 million airport refunding bonds

By Sheri Kasprzak

New York, Sept. 10 - The Cities of Dallas and Fort Worth, Texas, are preparing a $268,665,000 offering of series 2012F AMT Dallas/Fort Worth International Airport joint revenue refunding bonds, according to a preliminary official statement.

The bonds (A1/A+/A+) will be sold through lead managers Morgan Stanley & Co. LLC, Ramirez & Co. Inc., M.R. Beal & Co. and Barclays.

The maturities have not been set.

Proceeds will be used to refund existing Dallas/Fort Worth airport revenue bonds.

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