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Ohio State University preps $113.49 million of general receipts bonds
By Sheri Kasprzak
New York, July 12 - The Ohio State University plans to come to market with $113.49 million of series 2012 general receipts bonds, according to a preliminary official statement.
The offering includes $90.33 million of series 2012A tax-exempt bonds and $23.16 million of series 2012B taxable bonds.
The bonds (Aa1/AA/AA) will be sold on a negotiated basis with Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC. The co-managers are KeyBanc Capital Markets LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC.
The maturity dates have not been set.
Proceeds will be used to refund existing general receipts bonds.
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