CHICAGO — The Indianapolis Airport Authority plans to enter the market June 25 with a $350 million variable-rate revenue bond sale that will mark the agency's last financing to pay for a $1.06 billion new project at Indianapolis International Airport.

The Indianapolis Local Public Improvement Bond Bank will serve as the conduit issuer on the deal, as it has for all the debt issued for the airport. As the authority prepares to open its new terminal building in October, it recently retired all of its debt issued for the existing airport.

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