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DeKalb County Hospital Authority, Ga., to sell $181.1 million certificates for DeKalb Medical
By Sheri Kasprzak
New York, March 31 - The DeKalb County Hospital Authority of Georgia plans to price $181.1 million in series 2010 revenue anticipation certificates for the DeKalb Medical Center, Inc., according to a preliminary official statement.
The certificates (//BBB) will be sold on a negotiated basis with Raymond James & Associates Inc. as the senior manager.
The certificates are due 2011 to 2015 with term bonds due 2020, 2030 and 2040.
Proceeds will be used to fund renovations to DeKalb Medical Center in Decatur, Ga.
The authority, based in Decatur, provides financing for hospitals in the DeKalb County and Atlanta area.
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