Ohio Water Authority to sell $71.16 million refunding revenue bonds

By Cristal Cody

Tupelo, Miss., Aug. 8 -The Ohio Water Development Authority intends to sell $71.16 million water pollution control loan fund refunding revenue bonds, according to a preliminary official statement.

The series 2011A bonds (Aaa/AAA/) have maturities from 2015 through 2018.

Goldman Sachs & Co. is the lead manager of the negotiated sale. The co-managers are J.P. Morgan Securities LLC, Cabrera Capital Markets, LLC, Fifth Third Securities and Wells Fargo Securities LLC.

Proceeds will be used to refund the outstanding series 2004 water quality bonds.

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