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Published on 2/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Ohio to redeem $135.84 million of its revitalization project BANs

By Tali David

Minneapolis, Feb. 1 - The state of Ohio called $135,835,000 of its revitalization project bond anticipation notes in full, according to a notice.

The following bonds will be redeemed at par plus accrued interest on March 4:

• $100 million of 0.35% series 2012A bonds due May 30, 2013;

• $15 million of 0.6% series 2012B taxable bonds due May 30, 2013;

• $3.76 million of 5% series 2002A bonds due Oct. 1, 2013;

• $3,955,000 of 5% series 2002A bonds due Oct. 1, 2014;

• $4,155,000 of 5% series 2002A bonds due Oct. 1, 2015;

• $4.37 million of 5% series 2002A bonds due Oct. 1, 2016; and

• $4,595,000 of 5% series 2002A bonds due Oct. 1, 2017.

The Bank of New York Mellon Trust Co., NA is the trustee or escrow agent.


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