Ohio defeases $54.58 million of infrastructure improvement G.O. bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – The State of Ohio defeased $54,575,000 of infrastructure improvement general obligation bonds, series 2007A and 2008A, according to a notice.

The following 2007A bonds will be redeemed March 1, 2017 at par plus accrued interest:

• $8.79 million of 4.75% bonds due Sept. 1, 2026; and

• $9.24 million of 4.75% bonds due Sept. 1, 2027.

The following 2008A bonds will be redeemed March 1, 2018 at par plus accrued interest:

• $11.57 million of 5% bonds due Sept. 1, 2019;

• $12,165,000 of 5% bonds due Sept. 1, 2020; and

• $12.81 million of 5.375% bonds due Sept. 1, 2021.

The Huntington National Bank is the escrow agent.

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