By Sheri Kasprzak
New York, Nov. 24 – Ohio University sold $250 million of series 2014 taxable general receipts bonds, according to a pricing sheet.
The bonds (Aa3/A+/) were sold through senior manager Barclays.
The bonds are due Dec. 1, 2114 and have a 5.59% coupon priced at par.
Proceeds will be used to finance construction projects and upgrades to university facilities.
| Issuer: | Ohio University
|
| Issue: | Series 2014 taxable general receipts bonds
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| Amount: | $250 million
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| Maturity: | Dec. 1, 2114
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| Coupon: | 5.59%
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| Price: | 100
|
| Type: | Negotiated
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| Underwriters: | Barclays (lead) and Goldman, Sachs & Co. (co-senior manager)
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| Ratings: | Moody’s: Aa3
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| Standard & Poor’s: A+
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| Pricing date: | Nov. 6
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| Settlement date: | Nov. 14
|
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