University of Georgia Athletic Association to sell $64.7 million bonds

By Sheri Kasprzak

New York, March 30 - The Development Authority of the Unified Government of Athens-Clarke County, Ga., is expected to price $64.695 million of series 2011 revenue and refunding bonds for the University of Georgia Athletic Association, said a preliminary official statement.

The bonds (Aa3) will be sold through senior manager Raymond James & Associates Inc.

The bonds are due 2012 to 2031.

Proceeds will be used to renovate and expand the Butts-Mehre Heritage Hall, renovate the concourse at Stegeman Coliseum and renovate Reed Alley on the University of Georgia campus.

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