Published on 5/1/2013 in the Prospect News Municipals Daily.
New Issue: Fulton County, Ga., prices $200 million of general fund TANs
By Sheri Kasprzak
New York, May 1 - Fulton County, Ga., sold $200 million of series 2013 general fund tax anticipation notes, said a pricing sheet.
The notes (/SP-1+/F1+) were sold competitively. A spokeswoman for the issuer did not immediately respond to requests for the winning bidder Wednesday.
The notes are due Dec. 31, 2013 and have a 2% coupon priced at 101.161.
Proceeds will be used to finance capital needs ahead of the collection of taxes.
| Issuer: | Fulton County, Ga.
|
| Issue: | Series 2013 general fund tax anticipation notes
|
| Amount: | $200 million
|
| Maturity: | Dec. 31, 2013
|
| Coupon: | 2%
|
| Price: | 101.161
|
| Type: | Competitive
|
| Ratings: | Standard & Poor's: SP-1+
|
| Fitch: F1+
|
| Pricing date: | May 1
|
| Settlement date: | May 15
|
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