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Greater Orlando Aviation, Fla., to sell $150 million bonds Wednesday
By Sheri Kasprzak
New York, May 29 - The Greater Orlando Aviation Authority of Florida is scheduled to price $150 million in series 2009 airport facilities refunding revenue bonds on Wednesday, according to a sales calendar.
The bonds (Aa3/A+/AA+) will be sold through senior manager Merrill Lynch & Co. Inc.
The offering will be conducted in two tranches.
Proceeds will be used to refund the authority's series 2002E airport facilities revenue refunding bonds, as well as to terminate the series 2002E bond swap agreement.
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