Metropolitan Atlanta Rapid Transit eyes $247.73 million revenue bonds

By Sheri Kasprzak

New York, Jan. 28 – The Metropolitan Atlanta Rapid Transit Authority is on tap to price $247,735,000 of series 2016B sales tax revenue refunding bonds on Feb. 4, according to a notice of sale.

The bonds will be sold competitively with Public Financial Management Inc. and Pinnacle Investment Advisors as the co-financial advisers.

The maturities have not been set.

Proceeds will be used to refund the authority’s series 2007B revenue bonds.

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