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Published on 1/5/2012 in the Prospect News Municipals Daily.

Municipal Electric Authority of Georgia plans $101.27 million offering of revenue bonds

By Sheri Kasprzak

New York, Jan. 5 - The Municipal Electric Authority of Georgia is expected to price $101.27 million of series 2012A combined cycle project revenue bonds, according to a preliminary official statement.

The bonds will be offered through J.P. Morgan Securities LLC. The co-managers are Bank of America Merrill Lynch, Goldman Sachs & Co., Citigroup Global Markets Inc. and Wells Fargo Securities Inc.

The bonds are due 2013 to 2022.

Proceeds will be used to refund the authority's series 2002A revenue bonds.

Based in Atlanta, the Municipal Electric Authority of Georgia is a public power supply company.


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