Ohio to sell $252.27 million G.O. and G.O. refunding bonds Tuesday

By Sheri Kasprzak

New York, Sept. 18 - The state of Ohio is expected to sell $252.27 million in series 2009 bonds on Tuesday, according to a sales calendar. A retail order period is expected for Monday.

The offering includes $147.675 million in series 2009C higher education general obligation refunding bonds, $80.525 million in series 2009C common school general obligation bonds, $19.325 million in series 2009A conservation projects general obligation refunding bonds and $4.745 million in series 2009M natural resources general obligation bonds.

Jefferies & Co. Inc was the senior manager.

The bonds (Aa2/AA+/AA) are due 2010 to 2020.

Proceeds will be used to refund existing debt, as well as to fund natural resources projects, environmental conservation projects and common school improvements.

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