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Connecticut organizes $250 million sale of green general revenue bonds
By Sheri Kasprzak
New York, April 13 – The State of Connecticut is set to price $250 million of series 2015A green state revolving fund general revenue bonds, said a preliminary official statement.
The bonds (Aaa/AAA/AAA) will be sold through lead manager Goldman Sachs & Co. The co-senior managers are BofA Merrill Lynch, Janney Montgomery Scott LLC, Morgan Stanley & Co. LLC and Ramirez & Co. Inc. The co-managers are Barclays, Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Fidelity Capital Markets Inc., J.P. Morgan Securities LLC, Piper Jaffray & Co., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Rice Financial Products Co., Siebert Brandford Shank & Co. LLC, TD Securities (USA) LLC and Wells Fargo Bank, NA.
The bonds are due 2016 to 2035.
Proceeds will be used to provide loans for wastewater and drinking water pollution control capital projects and to reimburse the state for previous loans.
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