By Sheri Kasprzak
New York, May 12 – The Tulsa Municipal Airport in Oklahoma sold $104,225,000 of series 2015 trust revenue refunding bonds for American Airlines Inc. on Tuesday, according to a pricing sheet.
The bonds were sold through Barclays.
The securities, which mature June 1, 2035, have a 5% coupon priced at 107.754 to yield 4.05%.
Proceeds will be used to refund existing debt issued for American Airlines facilities at the airport.
| Issuer: | Tulsa Municipal Airport/American Airlines Inc.
|
| Issue: | Series 2015 trust revenue refunding bonds
|
| Amount: | $104,225,000
|
| Maturity: | June 1, 2035
|
| Coupon: | 5%
|
| Price: | 107.754
|
| Yield: | 4.05%
|
| Type: | Negotiated
|
| Underwriter: | Barclays
|
| Pricing date: | May 12
|
| Settlement date: | May 27
|
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