By Sheri Kasprzak
New York, Sept. 8 - The Greater Orlando Aviation Authority of Florida sold $70.04 million of series 2011B AMT airport facilities refunding revenue bonds, according to a pricing sheet.
The bonds (//AA-) were sold through Loop Capital Markets LLC with Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as the co-managers.
The bonds are due 2019 to 2028 with 3.25% to 5% coupons and yields from 3.19% to 4.79%.
Proceeds will be used to refund the authority's series 1999A airport facilities revenue bonds.
| Issuer: | Greater Orlando Aviation Authority
|
| Issue: | Series 2011B AMT airport facilities refunding revenue bonds
|
| Amount: | $70.04 million
|
| Type: | Negotiated
|
| Underwriters: | Loop Capital Markets LLC (lead), Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers)
|
| Rating: | Fitch: AA-
|
| Pricing date: | Sept. 8
|
| Settlement date: | Sept. 20
|
|
|
| Amount | Maturity | Type | Coupon | Yield
|
| $1.36 million | 2019 | Serial | 5% | 3.19%
|
| $1.43 million | 2020 | Serial | 3.25% | 3.45%
|
| $1.47 million | 2021 | Serial | 5% | 3.70%
|
| $6.265 million | 2022 | Serial | 4% | 3.94%
|
| $6.16 million | 2023 | Serial | 4% | 4.14%
|
| $6.39 million | 2024 | Serial | 5% | 4.32%
|
| $3 million | 2025 | Serial | 4.25% | 4.46%
|
| $3.665 million | 2025 | Serial | 5% | 4.46%
|
| $6.935 million | 2026 | Serial | 5% | 4.58%
|
| $7.245 million | 2027 | Serial | 4.5% | 4.70%
|
| $26.12 million | 2028 | Serial | 4.5% | 4.79%
|
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