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Published on 12/17/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Ohio to redeem $82.83 million of 2004B higher educational G.O. bonds

By Tali David

Minneapolis, Dec. 17 - The State of Ohio will redeem $82,825,000 of its series 2004B higher educational capital facilities general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Feb. 1:

• $150,000 of 3.625% bonds due Feb. 1, 2015;

• $7.4 million of 5% bonds due Feb. 1, 2016;

• $100,000 of 3.75% bonds due Feb. 1, 2016;

• $7,875,000 of 5% bonds due Feb. 1, 2017;

• $125,000 of 4% bonds due Feb. 1, 2018;

• $8.14 million of 5% bonds due Feb. 1, 2018;

• $8.68 million of 5.025% bonds due Feb. 1, 2019;

• $9,115,000 of 5.025% bonds due Feb. 1, 2020;

• $9.57 million of 5.025% bonds due Feb. 1, 2021;

• $10,045,000 of 5.025% bonds due Feb. 1, 2022;

• $10.55 million of 5.025% bonds due Feb. 1, 2023;

• $150,000 of 5.025% bonds due Feb. 1, 2024; and

• $10,925,000 of 5.025% bonds due Feb. 1, 2024.

Huntington National Bank is the trustee.


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