BRADENTON, Fla. — Georgia next week plans to bring $700 million of new-money and refunding general obligation bonds to market. As much as $400 million of the offering is expected to sell as the state’s first taxable Build America Bond transaction.

A combined $600 million of new-money bonds will be used for various capital projects such as higher education construction, transportation funding, and water and sewer projects. If market conditions cooperate, $100 million of refunding bonds will be sold for debt-service savings of 4% within existing maturities.

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