Georgia Housing and Finance to sell $149.5 million of mortgage bonds

By Sheri Kasprzak

New York, Feb. 8 - The Georgia Housing and Finance Authority plans to price $149,495,000 of series 2013A single-family mortgage bonds, according to a preliminary official statement.

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

The bonds are due 2013 to 2023 with term bonds due in 2027, 2032, 2037, 2041 and 2043.

Proceeds will be used to make mortgage loans to qualified Georgia residents.

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