Connecticut coordinates $200 million G.O. bond offering for July 24

By Sheri Kasprzak

New York, July 5 - The State of Connecticut plans to price $200 million of series 2013C general obligation bonds on July 24, according to a preliminary official statement.

The bonds (Aa3/AA/AA) will be sold on a competitive basis with Acacia Financial Group Inc. and A.C. Advisory Inc. as the financial advisers.

The bonds are due 2014 to 2033.

Proceeds will be used to finance statewide capital expenditures.

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