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Ohio to offer up $197 million of general obligation bonds on Tuesday
By Sheri Kasprzak
New York, Sept. 26 – The State of Ohio is expected to price $197 million of series 2014 general obligation bonds on Tuesday, according to a preliminary official statement.
The deal includes $150 million of series 2014C infrastructure improvement G.O. bonds, $35 million of series S natural resources G.O. bonds and $12 million of series M coal development G.O.s.
The bonds (Aa1/AA+/AA+) will be sold competitively.
The 2014C bonds are due 2016 to 2034. The series S bonds are due 2016 to 2029, and the series M bonds are due 2016 to 2024.
Proceeds will be used to finance public infrastructure capital projects.
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