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Ohio to sell $155 million bonds for Ohio Turnpike Commission Tuesday
By Sheri Kasprzak
New York, May 1 - The state of Ohio is set to price $155 million in series 2009A turnpike revenue refunding bonds for the Ohio Turnpike Commission, according to a preliminary official statement.
The sale is scheduled for Tuesday, according to a sales calendar.
The bonds (Aa3/AA/AA) will be sold through senior managers Morgan Stanley & Co. Inc. and J.P. Morgan Securities Inc. The co-managers are NatCity Investment Inc. and SBK-Brooks Investment Corp.
The proceeds will be used to refund the commission's series 1998 and 2001 bonds.
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