By Sheri Kasprzak
New York, April 28 – The Ohio Water Development Authority priced $200 million of series 2016A water pollution control loan revenue bonds, according to a pricing sheet.
The bonds (Aaa/VMIG1/AAA/A-1) were sold through Morgan Stanley & Co. LLC.
The bonds are due Dec. 1, 2036 and bear interest at the weekly rate.
Proceeds will be used to make a deposit to the water pollution control loan fund.
| Issuer: | Ohio Water Development Authority
|
| Issue: | Series 2016A water pollution control loan revenue bonds
|
| Amount: | $200 million
|
| Maturity: | Dec. 1, 2036
|
| Underwriter: | Morgan Stanley & Co. LLC
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| Coupon: | Weekly
|
| Price: | Par
|
| Type: | Negotiated
|
| Pricing date: | April 27
|
| Settlement date: | May 4
|
| Ratings: | Moody’s: Aaa/VMIG1
|
| Standard & Poor’s: AAA/A-1
|
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