By Josh Beckerman
The Georgia Higher Education Facilities Authority plans to sell $229.6 million of revenue bonds, with proceeds slated for the purchase, renovation and improvement student housing at University System of Georgia schools.
The sale will include $190.5 million of federally taxable Series 2026A bonds and $39.1 million of Series 2026B federally tax-exempt bonds.
Pricing is expected Dec. 16 and closing is expected Jan. 6, according to a roadshow document posted on MuniOS.
The structure is expected to be serial bonds maturing from 2027 through 2040 and term bonds maturing in 2041 and 2046. The bonds are expected to be callable at par beginning Jan. 1, 2036.
RBC Capital Markets is senior managing underwriter and Wells Fargo Securities is co-managing underwriter.
S&P Global Ratings issued an AA- rating for the bonds.
The authority sold $47.6 million of refunding bonds in 2020. According to the Georgia State Financing and Investment Commission website, the GHEFA issued three series of revenue bonds in 2008, 2009 and 2010. The largest of these sales was $100.85 million.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
December 05, 2025 15:06 ET (20:06 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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