Ohio defeases $155.73 million schools, higher education G.O. bonds

By Devika Patel

Knoxville, Tenn., March 18 - The State of Ohio said it defeased several of its series 2001A and 2001B Ohio common schools capital facilities general obligation bonds and its series 2000A and 2001A higher education capital facilities general obligation bonds.

The state defeased $155.73 million of bonds, which range in coupon from 5% to 5.25% and have scheduled maturities ranging from Feb. 1, 2011 to Feb. 1, 2020. The bonds have a range of call dates, beginning on Feb. 1, 2010.

The Huntington National Bank is the escrow agent.

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