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Prospect News home > News index > List of issuers V > Headlines for Virginia Port Authority > News item
Published on 1/9/2012 in the Prospect News Municipals Daily.

Virginia Port Authority preps $108 million sale of bonds for Tuesday

By Sheri Kasprzak

New York, Jan. 9 - The Virginia Port Authority is scheduled to sell $108 million of series 2012 port fund revenue refinancing bonds on Tuesday, according to a sales calendar.

The bonds (Aa1/AA+) will be sold on a negotiated basis with Morgan Stanley & Co. LLC.

Proceeds will be used to refund existing debt for a debt service savings.


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