MassPort Flies Again

Piazza, Johanna
May 2003
Bond Buyer;5/13/2003, Vol. 344 Issue 31634, p1
Trade Publication
After reviewing its finances for Logan Airport and allowing time for the airline industry to stabilize, the Massachusetts Port Authority is ready to get back into the municipal bond market some 20 months after the September 11, 2001, terrorist attacks. “After September 11, we wanted time for Logan's market and Logan's finances to stabilize themselves before we reentered the bond market and we believe that we have now restored our finances to a strong state,” The port authority is expected to issue up to 400 million dollars of general airport revenue bonds next week as of May 13, 2003 in a sale underwritten by Citigroup Global Markets Inc., formerly Salomon Smith Barney Inc., with Lehman Brothers Inc. as the co-lead manager.


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