Ohio organizes $219.28 million sale of two G.O. bond series for Jan. 8

By Sheri Kasprzak

New York, Dec. 24 - The State of Ohio plans to price $219,275,000 of series 2013 general obligation bonds on Jan. 8, according to a preliminary official statement.

The offering includes $150 million of series 2013A G.O. bonds and $69,275,000 of series 2013B G.O. refunding bonds.

The bonds will be sold competitively with Acacia Financial Group Inc. as the financial adviser.

The 2013A bonds are due 2014 to 2033 and the 2013B bonds are due 2016 to 2025.

Proceeds will be used to finance capital improvements throughout the state, as well as to refund existing G.O. debt.

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