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12/2/2019

Treasurer Robert Sprague Announces $182 Million Bond Sale to Benefit ODOT Projects

COLUMBUS – Ohio Treasurer Robert Sprague has announced a bond sale that will price on the morning of Wednesday, December 4. Retail orders placed on behalf of Ohio individuals will be given first priority among all orders received from investors.

 

The Treasurer’s office plans to sell $182,270,000 in tax-exempt bonds. The funds generated from the bond sale will benefit the Ohio Department of Transportation (ODOT) for various infrastructure improvements, including highway and bridge projects within the state.

 

Those interested in purchasing bonds or finding out more information can visit: https://www.ohiotreasurerbonds.com/the-state-of-ohio/bonds/bond-offering/i630?offeringId=21103

 

A full list of projects expected to be funded through the bond sale can be found here:

http://www.tos.ohio.gov/Documents/CMS/Links/Series%202019-1%20Funded%20Projects.pdf

 

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Robert Sprague became Ohio’s 49th Treasurer of State on January 14, 2019, bringing to the office his extensive experience working on financial matters in both the public and private sectors. Under Treasurer Sprague’s direction, the office manages the state’s $20 billion investment and $10 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets. 

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