Columbus-Franklin County Finance, Ohio, preps $128.09 million offering

By Sheri Kasprzak

New York, June 20 - The Columbus-Franklin County Finance Authority of Ohio plans to price $128,085,000 of series 2013A taxable research and development revenue bonds, according to a preliminary official statement.

The bonds (/AA-/) will be sold on a negotiated basis with Ross, Sinclaire & Associates LLC and KeyBanc Capital Markets LLC as the lead managers.

The bonds are due 2014 to 2026.

Proceeds will be used to refinance existing loans and fund venture capital commitments, as well as to refund existing debt.

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