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CORRECTED-JobsOhio Beverage System to sell $1.5 bln revenue bonds
January 11, 2013 / 2:55 PM / 5 years ago

CORRECTED-JobsOhio Beverage System to sell $1.5 bln revenue bonds

(Corrects date of sale to Jan. 21 week)

NEW YORK, Jan 11 (Reuters) - The JobsOhio Beverage System is planning to sell $1.5 billion of statewide senior lien liquor profits tax-exempt and taxable revenue bonds in two parts, during the week of Jan. 21, said a market source on Friday.

The sale consists of $423 million of tax-exempt bonds which will be sold through lead manager Bank of America Merrill Lynch and $1.1 billion of taxable bonds to be sold via lead manager Citigroup. (Reporting by Caryn Trokie; Additional reporting by Tiziana Barghini; Editing by James Dalgleish)

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