Love Field Airport Modernization, Texas, to issue $310 million special facilities revenue bonds

By Sheri Kasprzak

New York, Oct. 29 - The Love Field Airport Modernization Corp. of Texas is set to sell $310 million of series 2010 special facilities revenue bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Goldman Sachs & Co. as the senior manager. The co-managers are Bank of America Merrill Lynch, Ramirez & Co. Inc., Citigroup Global Markets Inc., Comerica Securities Inc. and Wells Fargo Securities LLC.

The bonds are due Nov. 1, 2040.

Proceeds will be used to construct and implement improvements to terminal, concourse and ancillary facilities at Love Field Airport in Dallas.

Based in Dallas, the corporation finances projects to enhance the airport to attract tourism and economic development for the city.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.