Hamden, Conn., to sell $56.39 million of G.O. bonds via Morgan Keegan

By Cristal Cody

Tupelo, Miss., Aug. 5 - The Town of Hamden in Connecticut plans to offer $56.385 million in general obligation bonds (A2/A/A), according to a preliminary official statement.

The deal includes $34 million in series 2011A general obligation bonds with serial maturities from 2012 through 2031 and $22.385 million in series 2011B general obligation refunding bonds due from 2012 through 2020.

The bonds will price in a negotiated sale managed by Morgan Keegan & Co.

Proceed will be used to pay for capital improvements and refund outstanding general obligation bonds.

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