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Metropolitan Atlanta Rapid Transit prepares $87.09 million bond sale
By Sheri Kasprzak
New York, April 9 – The Metropolitan Atlanta Rapid Transit Authority is on tap to price $87.09 million of series 2015A sales tax revenue bonds on April 14, according to a preliminary official statement.
The bonds (/AA+/AA-) will be sold competitively with Public Financial Management Inc. and Pinnacle Investment Advisors as the financial advisers.
The bonds are due 2041 to 2045.
Proceeds will be used to finance capital projects to enhance life safety and maintain the system.
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