Ohio Water to sell $82.42 million fresh water refunding bonds Tuesday

By Sheri Kasprzak

New York, Oct. 2 - The Ohio Water Development Authority plans to price $82.415 million in series 2009B water development fresh water refunding bonds on Tuesday, according to a sales calendar.

The bonds will be sold on a negotiated basis with Merrill Lynch & Co. Inc. and Wells Fargo Securities Inc. The Huntington Investment Co., Jefferies & Co. and Blaylock Robert Van LLC are the co-managers.

The bonds are due 2009 to 2027.

Proceeds will be used to refund the authority's series 2001A, 2002 and 2004 bonds.

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