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Published on 8/30/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Ohio aims to redeem $101.69 million of series 2001A facilities bonds

By Devika Patel

Knoxville, Tenn., Aug. 30 - The State of Ohio said it will redeem all $51.92 million of its series 2001A state facilities bonds, which were issued for the administration building fund project, and all $49.77 million of its series 2001A state facilities bonds, which were issued for its adult correctional building fund projects, at par plus interest to Oct. 1, the redemption date.

Some of the affected bonds include the following:

• $24.37 million of 5.5% bonds;

• $17.51 million of 5.5% bonds; and

• $7.9 million of 5.5% bonds.

The Huntington National Bank and the Bank of New York Mellon Trust Co., NA (800 254-2826) are the trustees.


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