Schools
Investors Recall Fulton Science Academy Bonds
The $18.9 million the school currently has in bonds to build a new facility have reportedly been recalled. Several Sandy Springs students attended Fulton Science Academy, last school year.
Questions on whether or not Fulton Science Academy can cover its $18.9 million in bonds are reportedly being put to the test as investors are currently demanding immediate payment, according to The Bond Buyer.
during mid-May and now bondbuyers are asking for the bond to be paid back. The school had .
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The demand comes after months of complications for, which failed to get either a or a .
In the May BusinessWire release, Fitch said that lack of management cooperation left it unable to determine if the was feasible and its possible effects on the Fulton Sunshine Academy and . All three schools are obligated for the bonds.
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