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Kent State University, Ohio, plans to price $226.79 million in bonds
By Sheri Kasprzak
New York, Sept. 17 - Kent State University in Ohio plans to sell $226.785 million in series 2009B general receipt bonds, according to a preliminary official statement.
The bonds (A1/A+/) will be sold on a negotiated basis with J.P. Morgan Securities Inc. and Merrill Lynch & Co. Inc. as the lead managers. The co-managers are Blaylock Robert Van LLC, Fifth Third Securities Inc., The Huntington Investment Co., KeyBanc Capital Markets Inc., Morgan Stanley & Co. Inc., and PNC Capital Markets Inc.
The maturities have not been set.
Proceeds will be used to refund the university's series 2000 and series 2008 bonds.
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