TITLE

Atlanta Set For $750M Airport Deal

AUTHOR(S)
DeSue, Tedra
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/27/2004, Vol. 348 Issue 31893, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the finalization of Atlanta, Georgia on an offering for Hartsfield-Jackson International Airport that the city will sell the bulk of on June 2, 2004. Interest in how investors will accept the deal which is laden with debt backed by passenger facility charges (PFC); Basis of PFC solely on passenger ticket purchases, a riskier revenue source than general airport revenue; Insurance of all debt by Financial Security Assurance Inc.
ACCESSION #
13257009

 

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