The Ohio Higher Educational Facility Commission is set to enter the market this week with $180 million of revenue bonds on behalf of Case Western Reserve University to refund its outstanding 2004 auction-rate debt.

Roughly $127.5 million of the issue is structured as variable-rate demand bonds backed by letters of credit from Bank of America NA and Allied Irish Bank PLC. The remaining $52.8 million will be issued as fixed-rate bonds.

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