Dallas airport sells $434 million in bonds

02/17/2012 | Wall Street Journal, The

Dallas/Fort Worth International Airport sold $434 million in bonds on Thursday. The airport is a hub for American Airlines, whose parent company, AMR Corp., filed for bankruptcy last year. The sale "is benefiting from the environment we are in where there's not enough supply with any yield, and there's too much cash coming into the marketplace," said Matt Dalton, CEO of Belle Haven Investments.

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