New Issue: Greater Orlando Aviation prices $65 million refunding revenue bonds

By Sheri Kasprzak

New York, Sept. 27 - The Greater Orlando Aviation Authority sold $65 million of series 2011D taxable refunding revenue bonds, according to a pricing sheet.

The bonds (Aa3/A+/AA-) were sold through Citigroup Global Markets Inc. The co-managers were Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Estrada Hinojosa & Co. Inc., Morgan Stanley & Co. LLC, Raymond James & Co. Inc., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC.

The bonds are due 2012 to 2024 with coupons from 0.843% to 4.333%, all priced at par.

Proceeds will refund existing airport facilities revenue bonds.

Issuer:	Greater Orlando Aviation Authority
Issue:	Series 2011D taxable refunding revenue bonds
Amount:	$65 million
Type:	Negotiated
Underwriters:	Citigroup Global Markets Inc. (lead), Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Estrada Hinojosa & Co. Inc., Morgan Stanley & Co. LLC, Raymond James & Co. Inc., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers)
Ratings:	Moody's: Aa3
	Standard & Poor's: A+
	Fitch: AA-
Pricing date:	Sept. 27
Settlement date:	Oct. 12
Maturity	Type	Coupon	Price
2012	Serial	0.843%	100
2013	Serial	1.343%	100
2014	Serial	1.699%	100
2015	Serial	2.103%	100
2016	Serial	2.503%	100
2017	Serial	2.917%	100
2018	Serial	3.267%	100
2019	Serial	3.483%	100
2020	Serial	3.733%	100
2021	Serial	3.933%	100
2022	Serial	4.133%	100
2023	Serial	4.233%	100
2024	Serial	4.333%	100

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