Ohio preps $184.31 million sale of state infrastructure revenue bonds

By Sheri Kasprzak

New York, Oct. 31 - The State of Ohio plans to price $184,305,000 of series 2012-1 major new state infrastructure project revenue bonds, according to a preliminary official statement.

The bonds will be sold through Bank of America Merrill Lynch. The co-managers are Estrada Hinojosa & Co. Inc., Goldman, Sachs & Co., Loop Capital Markets LLC, Ross, Sinclaire & Associates LLC and Stifle, Nicolaus & Co. Inc.

The bonds are due 2013 to 2024.

Proceeds will be used to finance new highway and bridge projects within the state.

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