Greater Orlando Aviation Authority, Fla., to sell $350 million of bonds March 27

By Sheri Kasprzak

New York, March 13 - Greater Orlando Aviation Authority in Florida intends to price $350 million in airport facilities refunding revenue bonds on March 27, an authority source confirmed Thursday.

The offering includes $310 million in series 2008A bonds and $40 million in 2008B bonds (Aa3).

The authority will use the series 2008A bonds to refund all of its outstanding series 1998 airport facilities refunding revenue bonds and the 2008B bonds to terminate payment for the swap associated with the bonds.

The bonds will be sold on a competitive basis.

Public Finance Group is the financial adviser.

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