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Published on 5/5/2010 in the Prospect News Municipals Daily.

Municipal Gas Authority of Georgia to sell $75 million revenue bonds

By Sheri Kasprzak

New York, May 5 - The Municipal Gas Authority of Georgia is set to sell $75 million in series I gas revenue refunding bonds, according to a preliminary official statement.

The bonds (MIG1/SP-1+/F1+) will be sold through lead manager Wells Fargo Securities Inc. The co-manager is J.P. Morgan Securities Inc.

The bonds are due May 2011.

Proceeds will be used to refinance existing debt.

Based in Kennesaw, Ga., the authority is a natural gas supplier.


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