Connecticut HEFA defeases series J-1, M Yale-New Haven Hospital bonds

By Tali Rackner

Norfolk, Va., June 23 – The State of Connecticut Health and Educational Facilities Authority defeased its series J-1 and series M revenue bonds issued for the Yale-New Haven Hospital, according to two notices.

The series J-1 bonds, which were originally issued in the amount of $174.43 million, will be redeemed at par plus accrued interest on July 1, 2016. Bonds maturing on July 1, 2014 and 2015 will be redeemed at their respective maturity dates.

The series M bonds, which were originally issued in the amount of $104.39 million, will be redeemed at par plus accrued interest on July 1, 2020. Bonds maturing July 1, 2014 through 2019 will be redeemed at their respective maturity dates.

U.S. Bank NA is the trustee.

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