(The following is a reformatted version of a press release
issued by the Guam Economic Development Authority via Citigroup
and received via electronic mail. The release was confirmed.)
March 14, 2013
***Potential Bond Sale***
ANTONIO B. WON PAT GUAM INTERNATIONAL AIRPORT AUTHORITY
As the central financial manager and consultant for the agencies
or instrumentalities of the Government of Guam, the Guam
Economic Development Authority (“GEDA”) announced today
that the Antonio B. Won Pat Guam International Airport Authority
(“GIAA”) is considering refunding all or a portion of its
outstanding General Airport Revenue Bonds, Series 2003A, Series
2003B and Series 2003C (the “2003 Bonds”). The anticipated 2013
General Airport Revenue Refunding Bonds (the “2013 Bonds”) will
be payable from the same revenue source
from which the 2003 Bonds are paid - solely from Revenues as
defined in an indenture dated September 1, 2003.
Issuance of the 2013 Bonds will be subject to approval by the
Governor of Guam, Guam Legislature, Guam International Airport
Authority Board of Directors and Guam Economic Development
Authority Board of Directors. The sale, if approved, is expected
to occur during the third quarter of 2013 led by Citigroup
Global Markets Inc. and Wells Fargo Securities. The
transaction is subject to market conditions.
This press release is not an offer to sell or a solicitation of
an offer to buy the 2013 Bonds.
For additional information please contact:
Financial Services Manager
Guam Economic Development Authority
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