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Hartford, Conn., arranges $102.12 million sale of G.O. bonds
By Sheri Kasprzak
New York, March 16 - The City of Hartford, Conn., plans to price $102.12 million of series 2012 general obligation bonds, according to a preliminary official statement.
The deal includes $50 million of series 2012A G.O. bonds and $52.12 million of series 2012B G.O. refunding bonds.
The 2012A bonds are due 2013 to 2032, and the 2012B bonds are due 2012 to 2023.
The bonds will be sold through Piper Jaffray & Co. with CastleOak Securities LP, RBC Capital Markets LLC and William Blair & Co. as the co-managers.
Proceeds will be used to finance public improvement projects and fund school projects, as well as to refund existing G.O. debt.
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