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Ohio Water Development plans $107.5 million bonds for FirstEnergy
By Aaron Hochman-Zimmerman
New York, June 5 - The Ohio Water Development Authority announced that it will offer $107.5 million in series 2009A Ohio pollution control revenue refunding bonds (Baa1/BBB/) on behalf of FirstEnergy Nuclear Generation Corp., according to a calendar of upcoming bond offerings.
The sale is expected on Wednesday.
J.P. Morgan Securities Inc. will act as underwriter for the negotiated deal.
The Ohio Water Development Authority is located in Columbus.
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