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Prospect News home > News index > List of issuers N > Headlines for Nassau Airport > News item
Published on 6/3/2010 in the Prospect News Investment Grade Daily and Prospect News Private Placement Daily.

New Issue: Nassau Airport places $165 million 7% 23-year amortizing notes

By Paul A. Harris

St. Louis, June 3 - The Bahamas' Nassau Airport (/BBB-/) has privately placed $165 million of 7% 23-year amortizing notes, according to market sources.

Citigroup served as placement agent.

Proceeds will be used for project funding.

Issuer:Nassau Airport
Corporate credit rating:Standard & Poor's: BBB-
Amount:$165 million
Final maturity:23 years
Average life:15 years
Coupon:7%
Placement agent:Citigroup

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