Ohio Water Development Authority to price $69.235 million of bonds this week

By Sheri Kasprzak

New York, May 7 - The Ohio Water Development Authority plans to price $69.235 million of series 2008 drinking water assistance fund leverage refunding revenue bonds later this week.

The bonds (Aaa/AAA/) will be sold through senior manager UBS Investment Bank.

The exact pricing date could not be determined by press time Wednesday.

The bonds are due from 2009 to 2027 with a term bond due 2028.

Proceeds will be used for the Drinking Water Assistance Fund and for the refunding of bond anticipation notes.

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