Connecticut plans to offer $50 million taxable G.O. refunding bonds

By Cristal Cody

Springdale, Ark., April 11 - Connecticut plans to offer $50 million taxable general obligation refunding bonds, according to a preliminary official statement released Thursday.

The series 2008C bonds will bear interest at the one-month Libor.

Bear, Stearns & Co. is the senior underwriter, and Morgan Stanley is the co-manager.

Calls for additional information were not returned.

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