New Issue: DeKalb County, Ga., prices $157 million 1% TANs due December 2012

By Sheri Kasprzak

New York, Feb. 28 - DeKalb County, Ga., sold $157 million of series 2012 tax anticipation notes, according to a pricing sheet.

The notes (MIG1) were sold competitively with Bank of America Merrill Lynch winning the bid.

The notes are due Dec. 28, 2012 and bear interest at 1% priced at 100.614.

Proceeds will be used to fund current expenses ahead of the collection of taxes.

Issuer:	DeKalb County, Ga.
Issue:	Series 2012 tax anticipation notes
Amount:	$157 million
Maturity:	Dec. 28, 2012
Coupon:	1%
Price:	100.614
Type:	Competitive
Underwriter:	Bank of America Merrill Lynch (winner)
Rating:	Moody's: MIG1
Pricing date:	Feb. 28
Settlement date:	March 14

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