Recent Transactions

Learn about Recent Transactions for Ohio Enterprise Bond Fund Program, including Series 2013-2: OMNOVA and Series 2012-7: Connor Group.

Series 2013-2: OMNOVA

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

Series 2012-7: Connor Group

Borrower: The Connor Group 

Location: Miamisburg, Ohio

Project Description: Financing a portion of the costs of constructing, equipping and furnishing an approximately 39,000 square foot LEED certified office facility leased from the Dayton-Montgomery County Port Authority to the Connor Group.

Project Costs: $16,685,000

Date Closed: August 2012

Term: 15 years

Fixed Rate: 4.215%

Bond Par Amount: $8,350,000