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DeKalb County, Ga., plans $53.9 million general obligation bond sale
By Sheri Kasprzak
New York, Dec. 2 - DeKalb County, Ga., is expected to price $53.9 million of series 2013 general obligation refunding bonds, according to a preliminary official statement.
The bonds (Aa3//AA-) will be sold on a negotiated basis with Citigroup Global Markets Inc. and Piper Jaffray & Co. as the senior managers. The co-managers are M.R. Beal & Co., BofA Merrill Lynch, Raymond James/Morgan Keegan, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC.
The bonds are due 2016 to 2020.
Proceeds will be used to refund the county's series 1998 G.O. jail bonds and its series 2003A-B G.O. refunding bonds.
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