State of Ohio to refund seven series of general obligation bonds

By Tali Rackner

Norfolk, Va., June 2 - The State of Ohio gave notice of advance refunding of seven series of its general obligation bonds, according to multiple notices.

The following bonds will be redeemed:

• $1,225,000 of 2005A infrastructure improvement G.O.s due Sept. 1, 2015, to be redeemed on March 1, 2015;

• $51.6 million of 2006A infrastructure improvement G.O.s due March 1, 2019 through 2025, to be redeemed on March 1, 2016;

• $12,085,000 of 2007A infrastructure improvement G.O.s due Sept. 1, 2018 through 2019, to be redeemed on March 1, 2017;

• $84.65 million of 2006D common schools G.O.s due Sept. 15, 2018 through 2023, to be redeemed on March 15, 2016;

• $92.25 million of 2007A common schools G.O.s due June 15, 2019 through 2024, to be redeemed on June 15, 2016;

• $92.25 million of 2006A higher education G.O.s due May 1, 2019 through 2025, to be redeemed on May 1, 2016; and

• $92.25 million of 2006B higher education G.O.s due Nov. 1, 2018 through 2024, to be redeemed on May 1, 2016.

The Huntington National Bank is the escrow agent.

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