Atlanta to sell $75.23 million of general obligation refunding bonds

By Aaron Hochman-Zimmerman

New York, April 28 - Atlanta announced that it will offer $75.23 million in series 2009 general obligation refunding bonds, according to a preliminary offering statement.

The bonds will carry serial maturities from 2010 to 2023.

Loop Capital Markets LLC and Wachovia Bank NA will act as underwriters for the negotiated deal.

Proceeds from the sale will be used to refund $79.36 million of the city's series 1998 bonds.

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