Ohio coordinates $51.5 million Case Western Reserve University bonds

By Sheri Kasprzak

New York, Feb. 2 – The State of Ohio is set to price $51.5 million of series 2015A higher educational facility revenue bonds for Case Western Reserve University, according to a preliminary official statement.

The bonds (A1/AA-/) will be sold through Morgan Stanley & Co. LLC with J.P. Morgan Securities LLC and Wells Fargo Securities LLC as the co-managers.

The bonds are due 2015 to 2029 with a 2034 term bond.

Proceeds will be used to finance capital improvements at the university, which is based in Cleveland.

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