Ohio Housing Finance Agency to price $125 million in residential mortgage revenue bonds

By Sheri Kasprzak

New York, May 29 - The Ohio Housing Finance Agency plans to sell $125 million in series 2008 residential mortgage revenue bonds, said a preliminary official statement.

The sale includes $80 million in series 2008D AMT bonds and $45 million in series 2008E variable-rate demand bonds.

The 2008D bond are due from 2010 to 2018 with term bonds due 2023, 2028 and 2031 and the 2008E bonds are due 2039.

Goldman, Sachs & Co. is the senior manager for the sale and the sole underwriter for the 2008E bonds. The co-managers for the 2008D bonds are Citigroup Global Markets, George K. Baum & Co., Lehman Brothers, Butler Wick & Co., Fifth Third Securities, KeyBanc Capital Markets, Merrill Lynch, NatCity Investments and SBK-Brooks Investment Corp.

Proceeds will be used for down payment assistance grants and a deposit to an acquisition account.

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