Ohio plans mandatory purchase of $234.52 million series 2006-A bonds

By Devika Patel

Knoxville, Tenn., March 18 - The State of Ohio said it plans a mandatory purchase of its $234.52 million in series 2006-A pollution control revenue refunding bonds at par plus interest to April 1, the purchase date.

The Bank of New York Mellon Trust Co., NA (216 622-6516) is the tender agent.

The repurchase is a result of the bonds' interest rate mode conversion from a weekly rate to a commercial paper rate.

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