Ohio arranges $300 million offering of higher education G.O. bonds

By Sheri Kasprzak

New York, March 6 - The State of Ohio is set to price $300 million of series 2014A higher education general obligation bonds on March 11, according to a preliminary official statement.

The bonds (Aa1/AA+/AA+) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.

The bonds are due 2015 to 2034.

Proceeds will be used to finance capital improvements for state-supported and state-assisted higher education facilities.

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