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Published on 11/12/2009 in the Prospect News Municipals Daily.

Development Authority of Fulton County, Ga., to sell $170.58 million bonds for Piedmont Healthcare

By Sheri Kasprzak

New York, Nov. 12 - The Development Authority of Fulton County, Ga., plans to price $170.58 million in series 2009A revenue bonds, according to a preliminary official statement. The bonds will be sold for Piedmont Healthcare Inc.

The bonds (Aa3/AA/) will be sold on a negotiated basis with SunTrust Robinson Humphrey Inc. and Merrill Lynch & Co. as the lead managers.

The bonds are due 2024, 2029, 2033 and 2037.

Proceeds will be used to refund existing debt.


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