By Sheri Kasprzak
New York, May 25 – Fulton County, Ga., priced $150 million of series 2016 general fund tax anticipation notes, according to a pricing sheet.
The notes (MIG 1//F1+) were sold competitively with Morgan Stanley & Co. LLC winning the bid.
The notes are due Dec. 30, 2016 and have a 1% coupon to yield 0.46%.
Proceeds will be used to finance capital projects for the coming fiscal year.
| Issuer: | Fulton County, Ga.
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| Issue: | Series 2016 general fund bond anticipation notes
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| Amount: | $150 million
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| Maturity: | Dec. 30, 2016
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| Coupon: | 1%
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| Yield: | 0.46%
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| Type: | Competitive
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| Underwriter: | Morgan Stanley & Co. LLC
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| Ratings: | Moody’s: MIG 1
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| Fitch: F1+
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| Pricing date: | May 18
|
| Settlement date: | May 26
|
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