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Article: Houston Car Rental Facility Bonding to Price Tuesday.
- Article from:
- The Bond Buyer
- Article date:
- February 16, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Houston goes to market again this Tuesday with a $151 million revenue bond offering to finance a new car rental facility that airport officials hope will make it easier for travelers to navigate the sprawling area around the George Bush Intercontinental Airport.
The negotiated sale will be led by Salomon Smith Barney Inc.
Proceeds from the sale would pay for the construction of a 250-acre, unified car rental location to give travelers arriving at the Bush airport easier access to a large number of major rental car agencies. The facility will allow agencies to maintain desks on-site at the airport and consolidate busing operations to and from a large car ...