Connecticut to price $250 million G.O. bonds Oct. 22

By Cristal Cody

Tupelo, Miss., Oct. 15 - Connecticut expects to price $250 million in general obligation bonds on Oct. 22, a source told Prospect News.

The series 2008C bonds (Aa3/AA/AA) also will be offered for retail orders on Tuesday and Wednesday.

The bonds have serial maturities from 2009 through 2028.

Siebert Brandford Shank & Co. is the senior manager of the negotiated sale.

Co-managers are Loop Capital Markets, Merrill Lynch & Co., William Blair & Co., Corby Capital Markets, Depfa First Albany Securities, Goldman, Sachs & Co., Jackson Securities, J.P. Morgan Securities Inc., Melvin Securities, M.R. Beal & Co., SBK-Brooks Investment, Wachovia Bank, NA and Webster Bank, NA.

Proceeds will be used for various projects.

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