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Ohio Water Development plans $225. 06 million refunding revenue bonds
By Sheri Kasprzak
New York, Sept. 3 - The Ohio Water Development Authority is expected to price $225.055 million in series 2009 water pollution control loan fund refunding revenue bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Merrill Lynch & Co. Inc. and Wells Fargo Securities Inc. The co-managers are Barclays Capital Inc., Fifth Third Securities Inc., Morgan Stanley & Co. Inc. and Rice Financial Products Co.
The bonds are due 2009 to 2019.
Proceeds will be used to refund the authority's series 2004 and 2005B water quality bonds.
The Ohio Water Development Authority is based in Columbus, Ohio.
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