Columbus, Ohio, organizes $196.7 million refunding bonds via Merrill

By Sheri Kasprzak

New York, Aug. 27 - The City of Columbus, Ohio, is set to sell $196.7 million of series 2012 various-purpose refunding bonds for the week of Aug. 27, according to a sales calendar.

The bonds (Aaa/AAA/AAA) will be sold through lead manager Bank of America Merrill Lynch.

The offering includes $87.6 million of series 2012-3 various purpose unlimited tax refunding bonds, $41.9 million of series 2012-4 various purpose limited tax refunding bonds, $56.1 million of series 2012-5 taxable various purpose unlimited tax refunding bonds and $11.1 million of series 2012-6 taxable various purpose limited tax refunding bonds.

Proceeds will be used to refund various maturities of the city's series 2004-1, 2005D-E, 2006A-B, 2007A-B, 2004-2 and 2003A bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.