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Ohio State University to price $278.1 million general receipt bonds
By Sheri Kasprzak
New York, Jan. 7 - Ohio State University is expected to sell $278.095 million in series 2010A general receipt bonds, according to a preliminary official statement. The sale is expected to price on Wednesday, according to a sales calendar.
The bonds (Aa2/AA/) will be sold on a negotiated basis with Morgan Stanley & Co. Inc. as the lead manager. The co-managers are Barclays Capital Corp., J.P. Morgan Securities Inc. and RBC Capital Markets Inc.
The bonds are due 2010 to 2020.
Proceeds will be used to refund existing bonds.
Ohio State University is based in Columbus, Ohio.
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