Kent State University, Ohio, to sell $226.79 million bonds Wednesday

By Sheri Kasprzak

New York, Sept. 18 - Kent State University, Ohio, is expected to sell $226.785 million in series 2009B general receipt bonds on Wednesday, according to a sales calendar.

The bonds (A1/A+/) will be sold on a negotiated basis with J.P. Morgan Securities Inc. and Merrill Lynch & Co. Inc. The co-managers include 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.

Proceeds will be used to refund the university's series 2000 and 2008 bonds.

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