DeKalb County, Ga., plans $380 million water, sewerage revenue bonds

By Sheri Kasprzak

New York, Nov. 28 - DeKalb County, Ga., is expected to sell $380 million of series 2011A second resolution water and sewerage revenue bonds, according to a preliminary official statement.

The bonds (Aa3/A+) will be sold on a negotiated basis with Siebert Brandford Shank & Co. LLC as the senior manager. The co-managers are Citigroup Global Markets Inc.; Raymond James & Associates Inc.; Goldman, Sachs & Co.; Jackson Securities Inc.; Loop Capital Markets LLC; J.P. Morgan Securities LLC; and Wells Fargo Securities LLC.

The maturities have not been established.

Proceeds will be used to construct, acquire, install and design improvements to the county's water and sewerage system in accordance with the county's 2010-2014 capital improvement plan.

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