Dayton City School District, Ohio, preps $93.45 million school bonds

By Sheri Kasprzak

New York, Sept. 26 – The Dayton City School District of Ohio is expected to come to market with $93,445,000 of series 2014 school facilities construction and improvement refunding bonds, according to a preliminary official statement.

The bonds (A2/A/) will be sold on a negotiated basis with PNC Capital Markets LLC and KeyBanc Capital Markets LLC.

The bonds are due 2015 to 2031.

Proceeds will be used to refund notes and terminate a hedge agreement.

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