Fulton County Development, Ga., eyes $51.47 million revenue bond sale

By Sheri Kasprzak

New York, Dec. 1 – The Fulton County Development Authority of Georgia is expected to price $51.47 million of series 2015 revenue bonds for the Robert W. Woodruff Arts Center, according to a preliminary official statement.

The deal includes $36.46 million of series 2015A tax-exempt bonds and $15.01 million of series 2015B taxable bonds.

The bonds (A2) will be sold on a negotiated basis with Wells Fargo Securities LLC and SunTrust Robinson Humphrey as the senior managers,

The 2015A bonds are due 2025 to 2026 with a term bond due in 2036. The 2015B bonds are due 2017 to 2024.

Proceeds will be loaned to the arts center to refund its series 2009B revenue bonds.

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