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Published on 1/28/2010 in the Prospect News Municipals Daily.

Ohio State University calls 2001, 2002A, 2003B, 2005B, 2008B bonds

By Marisa Wong

Milwaukee, Jan. 28 - Ohio State University gave notice that it will redeem its general receipt bonds, series 2001, 2002A, 2003B, 2005B and 2008B.

The 2001, 2005B and 2008B bonds will be redeemed at par on March 1. The 2002A bonds will be redeemed at par on Dec. 1, 2012, and the 2003B bonds will be redeemed at par on June 1, 2013.

The Huntington National Bank is the trustee.

The university will redeem $20.41 million of its variable-rate 2001 bonds due 2021, $51.255 million of its variable-rate 2005B bonds due 2035 and $25.535 million of its variable-rate 2008B bonds due 2028.

Affected are the following 2002A bonds:

• $2 million of 4.6% bonds due 2013;

• $2.37 million of 5.25% bonds due 2013;

• $25,000 of 4.6% bonds due 2014;

• $4.605 million of 5.25% bonds due 2014;

• $80,000 of 4.75% bonds due 2015;

• $4.795 million of 5.25% bonds due 2015;

• $45,000 of 4.8% bonds due 2016;

• $5.095 million of 5.25% bonds due 2016;

• $745,000 of 5% bonds due 2017;

• $3.305 million of 5.25% bonds due 2017;

• $20,000 of 5% bonds due 2018;

• $4.29 million of 5.25% bonds due 2018; and

• $4.635 million of 5% bonds due 2019.

Affected are the following 2003B bonds:

• $1.525 million of $1.865 million of 4.15% bonds due 2014;

• $4.785 million of $5.855 million of 5.25% bonds due 2014;

• $1.415 million of $1.735 million of 4.25% bonds due 2015;

• $5.155 million of $6.305 million of 5.25% bonds due 2015;

• $6.59 million of $8.06 million of 5.25% bonds due 2016;

• $6.925 million of $8.47 million of 5.25% bonds due 2017;

• $7.28 million of $8.9 million of 5.25% bonds due 2018;

• $6 million of $7.335 million of 5.25% bonds due 2019;

• $6.315 million of $7.72 million of 5.25% bonds due 2020; and

• $6.645 million of $8.125 million of 5.25% bonds due 2021.


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