Big Easy Airport Offering

Watts, Jim
December 2008
Bond Buyer;12/30/2008, Vol. 366 Issue 33031, p1
Trade Publication
The article reports on the move of the New Orleans Aviation Board to refund all $113.3 million of its outstanding variable-rate debt and pay swap termination fees of up to $16.7 million for five related interest rate swaps with the proceeds from the negotiated sale of $138.8 million of fixed-rate airport revenue bonds in Louisiana. It states that the bonds are expected to be made available to the market for future pricing, with the probability of a retail period on January 6, 2009.


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