Summary
The New Orleans Aviation Board today said it has sold $144.4 million in bonds for Louis Armstrong New Orleans International Airport.
The general airport revenue bonds, which were sold in mid- January, will refund all of NOAB's outstanding bonds. In connection with the bond financing, NOAB also terminated several interest rate swaps related to old bonds.See the full content of this document
Extract
N.O. Airport Issues $144.4m in Bonds
The new bonds will mature from January 1, 2010, through January 1, 2023, and were sold at rates ranging from 3.50 per...
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