Georgia Environmental Facilities Authority (GEFA) Executive Director Phil Foil announced today the selection of Morgan Keegan to lead the underwriting team for the sale of a portion of the Georgia Fund loan portfolio. The Georgia Fund provides loans to local governments for the financing of water, sewer and solid waste infrastructure. The purpose of the loan sale is to generate $288 million to help balance the FY2011 state budget while preserving adequate funding for additional Georgia Fund loans.

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