The bond transaction to finance Cobb County’s portion of the Atlanta Braves’ new stadium closed last week after a yearlong delay arising from three Cobb residents’ challenges to the bond validation.
Approval by the Cobb Board of Commissioners on Sept. 8 was the final step needed to close the Sept. 9 transaction for $376.6 million in AAA-rated taxable bonds. The fixed-rate, 30-year bonds are being issued by the Cobb-Marietta Coliseum & Exhibit Hall Authority.
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