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Published on 3/13/2013 in the Prospect News Municipals Daily.

New Issue: Ohio Housing Finance prices $215.61 million of mortgage revenue bonds

By Sheri Kasprzak

New York, March 13 - The Ohio Housing Finance Agency sold $215.61 million of series 2013 single-family mortgage revenue bonds, according to a pricing sheet.

The bonds (Aaa) were sold through George K. Baum & Co. Inc.

The deal included $149.5 million of series 2013-1 taxable bonds and $66.11 million of series 2013-2 taxable bonds.

The 2013-1 bonds are due 2041 and have a 2.72% coupon priced at par, and the 2013-2 bonds are also due 2041 and have a 2.72% coupon priced at par.

Proceeds will be used to finance mortgage loans.

Issuer:Ohio Housing Finance Agency
Issue:Series 2013 single-family mortgage revenue bonds
Amount:$215.61 million
Type:Negotiated
Underwriter:George K. Baum & Co. Inc. (lead)
Rating:Moody's: Aaa
Pricing date:March 12
Settlement date:March 28
$149.5 million series 2013-1 taxable bonds
MaturityTypeCouponPrice
Nov. 1, 2041Term2.72%100
$66.11 million series 2013-2 taxable bonds
MaturityTypeCouponPrice
Nov. 1, 2041Term2.72%100

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