Dallas/Fort Worth International Airport to sell $259.43 million debt

By Sheri Kasprzak

New York, Sept. 10 - The Cities of Dallas and Fort Worth plan to price $259,425,000 of series 2013F 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 Ramirez & Co. Inc. and Morgan Stanley & Co. LLC as the senior managers. The co-managers are RBC Capital Markets LLC and Stifel, Nicolaus & Co. LLC.

The bonds are due 2014 to 2025 and 2027 to 2033.

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

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