Ohio defeases $67.95 million of 2007, 2010 Denison University bonds

By Wendy Van Sickle

Columbus, Ohio, July 22 – The State of Ohio defeased $67,945,000 of higher education facility revenue bonds issued for Denison University’s 2007 and 2010 projects, according to two notices.

The following 2010 project bonds will be redeemed on Nov. 1 at par plus accrued interest:

• $1,075,000 of 4% bonds due 2016;

• $1,115,000 of 5% bonds due 2017;

• $1.15 million of 3.125% bonds due 2018;

• $1,185,000 of 3.25% bonds due 2019;

• $1,225,000 of 3.5% bonds due 2020;

• $1,265,000 of 3.655% bonds due 2021;

• $1.31 million of 3.75% bonds due 2022;

• $1.36 million of 3.75% bonds due 2023;

• $1.41 million of 4% bonds due 2024; and

• $7,955,000 of 4% bonds due 2029.

The following 2007 project 5% bonds will be redeemed on Nov. 1, 2017 at par plus accrued interest:

• $3,895,000 of bonds due 2018;

• $4,095,000 of bonds due 2019;

• $4.3 million of bonds due 2020;

• $4,525,000 of bonds due 2021;

• $4,775,000 of bonds due 2022;

• $5,015,000 of bonds due 2023;

• $5.27 million of bonds due 2024;

• $5,535,000 of bonds due 2025;

• $5,815,000 of bonds due 2026; and

• $10,195,000 of bonds due 2032.

Huntington National Bank is the trustee.

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