Fulton County, Ga., prepares $219.8 million of water and sewerage revenue refunding bonds

By Sheri Kasprzak

New York, Feb. 28 - Fulton County, Ga., plans to sell $219.8 million of series 2013 water and sewerage revenue refunding bonds, according to a preliminary official statement.

The bonds (Aa3/AA-/AA-) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Citigroup Global Markets Inc. as the senior managers. The co-managers are BofA Merrill Lynch, Terminus Securities and Raymond James/Morgan Keegan.

The bonds are due 2025 to 2035.

Proceeds will be used to refund the county's series 2004 water and sewerage revenue bonds.

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