Kent State University, Ohio, plans $170 million sale of G.O. bonds

By Sheri Kasprzak

New York, June 4 - Kent State University of Ohio plans to come to market during the week of June 4 with $170 million of series 2012A limited tax general obligation bonds, according to a sales calendar.

The bonds (Aa3/A+/) will be sold on a negotiated basis with Bank of America Merrill Lynch as the senior manager.

Proceeds from the sale will be used to finance capital improvements to the university.

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