Winnipeg Airports Authority plans C$100 million 10-year revenue bonds

By Cristal Cody

Tupelo, Miss., April 5 - Winnipeg Airports Authority Inc. plans to bring an offering of C$100 million of 10-year senior secured revenue bonds, according to an informed source.

No guidance has been released yet for the series E bonds due April 2023 (A1/A/), a source said.

CIBC World Markets Inc. is the bookrunner.

The proceeds will be used to finance capital expenditures and repay certain amounts outstanding under the authority's bank credit facility.

Winnipeg Airports Authority is an air travel services provider in Manitoba.

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