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Fulton County Development, Ga., proposes $51.89 million bond offering
By Sheri Kasprzak
New York, March 17 – The Fulton County Development Authority of Georgia is set to price $51,895,000 of series 2015 revenue refunding bonds for Spelman College, according to a preliminary official statement.
The bonds (A1) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the sole underwriter.
The bonds are due 2021 to 2032.
Proceeds will be used to refund the authority’s series 2007 revenue bonds issued for the college.
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