Ohio State University to price $127.77 million general receipts bonds

By Cristal Cody

Tupelo, Miss., Sept. 24 - Ohio State University intends to price $127.77 million variable-rate general receipts bonds, according to a preliminary official statement.

The series 2008B bonds (Aa2/AA/AA) are due in 2028.

The bonds will price with a weekly interest rate.

RBC Capital Markets is the senior manager of the negotiated sale. Fifth Third Securities Inc. is the co-manager.

Proceeds will be used to construct, repair and upgrade facilities and to retire the outstanding series H general receipts commercial paper notes.

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