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Published on 6/11/2012 in the Prospect News Municipals Daily.

West Ottawa schools, Mich., plans $60.26 million G.O. refunding bonds

By Sheri Kasprzak

New York, June 11 - The West Ottawa Public Schools of Michigan is expected to come to market with $60,255,000 of series 2012 general obligation refunding bonds, said a preliminary official statement.

The deal includes $41,825,000 of series 2012A school bond loan qualified bonds and $18.43 million of series 2012 non-school bond loan qualified bonds.

The bonds will be sold through senior manager Fifth Third Securities Inc. with Edward D. Jones & Co. LP and PNC Capital Markets LLC as the co-managers.

The 2012A bonds are due 2013 to 2032 and the 2012B bonds are due 2013 to 2020.

Proceeds will be used to refund existing G.O. bonds.


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