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Hilliard School District, Ohio, preps $66.3 million sale of bonds
By Sheri Kasprzak
New York, Feb. 11 - The Hilliard City School District of Ohio is expected to price $66.3 million of series 2013 school improvement refunding bonds during the week of Feb. 11, according to a sales calendar.
The bonds (Aa1) will be sold on a negotiated basis with Stifel, Nicolaus & Co. Inc. as the senior manager.
The offering includes $46.9 million of series 2013A bonds and $19.4 million of series 2013B taxable bonds.
Proceeds will be used to refund the district's series 2005 and 2006 general obligation bonds for a net present value savings.
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