ANTONIO B. WON PAT INTERNATIONAL AIRPORT POTENTIAL BOND SALE
(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: Lester Carlson Financial Services Manager Guam Economic Development Authority (671) 647-4316