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Ohio Housing to sell $50 million mortgage revenue bonds Wednesday
By Sheri Kasprzak
New York, Dec. 5 - The Ohio Housing Finance Agency plans to price its previously announced $50 million offering of series 2008K residential mortgage revenue bonds on Wednesday, according to an offering calendar.
The bonds (Aaa/VMIG1) will be sold with Citigroup Global Markets as the lead manager. 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.
The bonds are due 2010 to 2018 with term bonds due 2023, 2028, 2033 and 2039.
Proceeds will be used for mortgage loans to low- and moderate-income individuals and families.
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