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Ohio coordinates $51.5 million Case Western Reserve University bonds
By Sheri Kasprzak
New York, Feb. 2 – The State of Ohio is set to price $51.5 million of series 2015A higher educational facility revenue bonds for Case Western Reserve University, according to a preliminary official statement.
The bonds (A1/AA-/) will be sold through Morgan Stanley & Co. LLC with J.P. Morgan Securities LLC and Wells Fargo Securities LLC as the co-managers.
The bonds are due 2015 to 2029 with a 2034 term bond.
Proceeds will be used to finance capital improvements at the university, which is based in Cleveland.
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