South-Western City School District, Ohio, plans $139.29 million sale

By Cristal Cody

Tupelo, Miss., Aug. 9 - South-Western City School District, Franklin County and Pickaway County, Ohio, plan to sell $139.29 million of general obligation bonds, according to a preliminary official statement.

The series 2012 school facilities construction and improvement bonds (Aa2/AA/) have serial maturities from 2013 through 2032 and a term bond due 2037.

Fifth Third Securities Inc. and Stifel Nicolaus & Co. Inc. will manage the negotiated sale.

Proceeds will be used to construct, furnish and equip school facilities and for adding additional school facilities, curriculum implementation district-wide and to acquire land and interests in land.

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