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Ohio preps $175 million sale of G.O. highway capital improvement bonds
By Sheri Kasprzak
New York, Oct. 2 - The State of Ohio plans to price $175 million of series Q general obligation highway capital improvement bonds, according to a preliminary official statement.
The bonds (Aa1/AAA/AA+) will be sold through senior manager Wells Fargo Securities LLC. The co-managers are Fifth Third Securities Inc., the Huntington Investment Co., KeyBanc Capital Markets Inc., PNC Capital Markets LLC and Piper Jaffray & Co.
The bonds are due 2014 to 2028.
Proceeds will be used to finance highway capital projects.
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