Tift County Hospital Authority, Ga., plans $79.52 million certificates

By Sheri Kasprzak

New York, Dec. 13 - The Tift County Hospital Authority of Georgia plans to sell $79.52 million of series 2012 revenue anticipation certificates, according to a preliminary official statement.

The certificates (Aa3/AA-/) will be sold through Raymond James/Morgan Keegan and Citigroup Global Markets Inc.

The certificates are due 2013 to 2033 with term bonds due in 2037 and 2042.

Proceeds will be used to make additions and extensions to the authority's hospital facilities, as well as to refund its series 2002 bonds and repay a bank loan.

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