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Recent Transactions

Series 2013-2: OMNOVA

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Recent Transactions

Borrower: OMNOVA Solutions, Inc.

Location: Beachwood, Ohio

Project Description: Acquisition of land and the construction of a new headquarters, leased on a capital lease basis from the Cleveland-Cuyahoga County Port Authority to OMNOVA Solutions. 


Project Costs: $18,500,000

Date Closed: November 2013

Term: 20 years

Fixed Rate: 4.47%

Bond Par Amount: $7,000,000