TITLE

MWAA to Sell $425M; Outlook Now Positive

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/21/2005, Vol. 351 Issue 32094, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the grant of a Aa3 rating to 425 million-dollar Metropolitan Washington Airports Authority current refunding and new-money bonds by the Investors Service. Criteria of the Aa3 rating and positive outlook of the airport; Amount of Series 2005B revenue bonds that will refund outstanding parity bonds for expected interest cost savings; Cost recovery methodology for managing operating and capital budgets.
ACCESSION #
16513182

 

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