Ohio set to sell $50 million in bonds, BABs via JPMorgan, Huntington

By Sheri Kasprzak

New York, Feb. 1 -Ohio is set to price $50 million in series 2010 revitalization project bonds, according to a preliminary official statement.

The offering includes $10.935 million in series 2010A bonds and $39.065 million in series 2010B Build America Bonds.

The bonds (A1/AA-/A+) will be sold through senior managers J.P. Morgan Securities Inc. and The Huntington Investment Co. The co-managers are Fifth Third Securities Inc. and Melvin Securities LLC.

The 2010A bonds are due 2011to 2014 and the 2010B bonds are due 2015 to 2025.

Proceeds will be used to fund environmentally safe and responsible development on publicly and privately owned lands.

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