Olentangy Local School, Ohio, defeases 2006, 2006A various purpose bonds

By Tali Rackner

Norfolk, Va., March 13 – The Olentangy Local School District of Ohio defeased its series 2006 and 2006A various purpose bonds, according to two notices.

The following 2006 bonds will be redeemed at par plus accrued interest on June 1, 2016:

• $2,585,000 of 5% bonds due Dec. 1, 2017;

• $2,725,000 of 5% bonds due Dec. 1, 2018;

• $2,855,000 of 5% bonds due Dec. 1, 2019;

• $4,255,000 of 5% bonds due Dec. 1, 2020; and

• $15,695,000 of 4.5% bonds due Dec. 1, 2033.

The following 2006A bonds will be redeemed at par plus accrued interest on Dec. 1, 2016:

• $2,715,000 of 5% bonds due Dec. 1, 2018;

• $2.85 million of 4.125% bonds due Dec. 1, 2019;

• $2,965,000 of 5% bonds due Dec. 1, 2020;

• $3.11 million of 4.25% bonds due Dec. 1, 2021;

• $3.25 million of 5% bonds due Dec. 1, 2022;

• $3,425,000 of 5% bonds due Dec. 1, 2023;

• $6.95 million of 5% bonds due Dec. 1, 2024;

• $7.3 million of 5% bonds due Dec. 1, 2025;

• $7.66 million of 5% bonds due Dec. 1, 2026; and

• $45.82 million of 4.5% bonds due Dec. 1, 2032.

Huntington National Bank is the escrow trustee.

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