Oct. 19 (Bloomberg) -- Ohio State University sold 100-year taxable debt to yield 4.849 percent, according to data compiled by Bloomberg.

Barclays Capital led banks managing the $500 million sale, according to Bloomberg data. The bonds will finance new construction and upgrades, primarily for the school’s medical center.

To contact the editor responsible for this story: Mark Tannenbaum at mtannen@bloomberg.net