The extra capital will be applied to items like an open parkingstructure, ticketing areas, expanded security checkpoints, techenhancements, de-icing units at each gate and baggage systemimprovements for the International Terminal D, SkyLink AutomatedPeople Mover System, 1,800-space parking garage and integrated300-room Grand Hyatt Hotel. The project is on track to deliver inApril 2005, taking the airport up to 6.9 million sf.

The all-in cost is $2.7 billion for the airport expansion. "Whenit's rolled together, even though we've tacked on an additional$207 million, the fact is we're under our original estimate fouryears ago," Max Wells, DFW Airport Board chairman, told a selectgroup of reporters at yesterday's conference call, twice delayed,to allow a speedy rush back to the market when buyers' appetitesproved hardier than expected. The final count of the day showed thesale pulled a 5.44% true interest cost, down one to three basispoints for some maturities from the initial offering. Insured byFinancial Security Assurance Inc., the bonds bear ratings in theA-plus range from all three rating agencies.

The $207-million bond sale's first run on the market generated$868 million in orders for an offering with a 2035 maturity,including $107 million with a five-year call. The average maturityis 23.6 years.