Saturday, Jul 30, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Education

Penta bonds placed with investment firm

Penta Career Center's $3.5 million issue of tax-exempt bonds to buy 144 acres has been placed with Seasongood & Mayer, a Cincinnati investment banking firm.

The general obligation bonds, which mature over 10 years, were priced at 4.24 percent. They received a rating of Aa3 from Moody's Investors Service. Proceeds from the bond sale will be used to buy land to expand the school.

Penta Career Center, in Perrysburg Township, offers vocational training to students in 16 northwest Ohio school districts.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…