Fulton County Development, Ga., plans $100 million Georgia Tech bonds

By Sheri Kasprzak

New York, March 26 - The Development Authority of Fulton County of Georgia plans to price $100 million of series 2012 revenue bonds for the Georgia Tech Foundation Technology Square project, according to a preliminary official statement.

The deal includes $80 million of series 2012A tax-exempt bonds and $20 million of series 2012B taxable bonds.

The bonds (Aa1/AA+/) will be sold through senior manager Barclays Capital Inc. with Morgan Keegan & Co. Inc. as the co-managers.

The maturity dates have not been set.

Proceeds will be used to refund the authority's series 2002A revenue bonds and terminate a swap agreement connected to the bonds.

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