Ohio Housing Finance to price $50 million mortgage revenue bonds

By Sheri Kasprzak

New York, Dec. 2 - The Ohio Housing Finance Agency plans to sell $50 million in series 2008K residential mortgage revenue bonds, according to a preliminary official statement.

The bonds (Aaa/VMIG1) will be sold through senior manager Citigroup Global Markets. The co-managers are George K. Baum & Co., Goldman, Sachs & Co., Butler Wick & Co., Barclays Capital, Fifth Third Securities, KeyBanc Capital Markets, SBK-Brooks Investment Corp. and NatCity Investments.

Proceeds will be used to finance mortgage loans to low- and moderate-income individuals and families.

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