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Louisville Regional Airport, Ky., preps $254.22 million refunding debt
By Sheri Kasprzak
New York, June 9 – The Louisville Regional Airport Authority of Kentucky is expected to price $254,215,000 of series 2014 airport system revenue refunding bonds on Thursday, according to a preliminary official statement.
The offering includes $123,695,000 of series 2014A AMT bonds, $3,435,000 of series 2014B non-AMT bonds and $127,085,000 of series 2014C taxable bonds.
The bonds (/A+/A+) will be sold through Morgan Stanley & Co. LLC with BofA Merrill Lynch and Citigroup Global Markets Inc. as the co-managers.
The maturities have not been set.
Proceeds will be used to refund existing revenue bonds.
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