DALLAS — As George Bush Intercontinental Airport’s $1 billion redevelopment gets under way, Houston will issue $520 million of refunding bonds for the facility Tuesday, the largest deal of the year so far in Texas.

The subordinate-lien revenue bond issue includes $280 million of Series A bonds subject to the alternative minimum tax, $220 million of non-AMT Series B bonds, and $20 million of taxable Series C bonds.

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