San Francisco airport commission plans to call $175 million bonds

By Jennifer Chiou

New York, Aug. 27 - The San Francisco City and County Airport Commission announced that it intends to cause a mandatory tender for its $92.5 million of second series variable-rate revenue refunding bonds, issue 34A, as well as its $82.5 million of second series variable-rate revenue refunding bonds, issue 34B.

The bonds will be purchased at par plus accrued interest.

Citigroup Global Markets Inc. is the remarketing agent for the issue 34A bonds, while Morgan Stanley & Co. Inc. is the agent for the issue 34B bonds.

Proceeds will be used to refund existing airport obligations.

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