Dallas-Fort Worth International Airport preps $409.63 million offering

By Sheri Kasprzak

New York, July 3 - The Cities of Dallas and Fort Worth will price $409.63 million of series 2013D non-AMT joint revenue refunding bonds for the Dallas-Fort Worth International Airport, according to a preliminary official statement.

The bonds (A2/A+/A) will be sold on a negotiated basis with Loop Capital Markets LLC and BofA Merrill Lynch as the senior managers. The co-managers are Siebert Brandford Shank & Co. LLC and M.R. Beal & Co.

The bonds are due 2014 to 2033.

Proceeds will be used to refund the airport's series 2003A revenue bonds.

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