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Published on 6/24/2010 in the Prospect News Municipals Daily.

New Issue: Metropolitan District of Hartford County, Conn., prices $135.78 million of G.O.s

By Sheri Kasprzak

New York, June 24 - The Metropolitan District of Hartford County in Connecticut sold on Thursday $135.78 million of series 2010 general obligation bonds, said a pricing sheet.

The bonds were sold competitively. The winning bidder could not be determined by press time.

The sale included $91.9 million of series 2010A bonds and $43.88 million of series 2010B bonds.

The 2010A bonds are due 2011 to 2035 with coupons from 3% to 5%. The 2010B bonds are due 2011 to 2040 with coupons from 3% to 5%.

Proceeds will be used to finance water and sewer system improvements, clean water initiatives and combined funding projects.

The district operates as a quasi-municipal corporation to provide water and sewer services and sewage collection and disposal services to its member municipalities - Hartford, East Hartford, West Hartford, Rocky Hill, Newington, Wethersfield and Windsor.

Issuer:Metropolitan District of Hartford County
Issue:Series 2010 general obligation bonds
Amount:$135.78 million
Type:Competitive
Pricing date:June 24
Settlement date:July 15
Series 2010A
MaturityTypeCouponPrice
2011Serial3%NRO
2012Serial3%NRO
2013Serial5%111.478
2014Serial4%NRO
2015Serial4%NRO
2016Serial5%NRO
2017Serial5%NRO
2018Serial5%NRO
2019Serial5%NRO
2020Serial5%NRO
2021Serial4%NRO
2022Serial4%NRO
2023Serial4%NRO
2024Serial4%NRO
2025Serial4%101.241
2026Serial4%100.352
2027Serial4%99.511
2028Serial4%98.61
2029Serial4%97.527
2030Serial4.125%98.194
2031Serial4.25%99.04
2032Serial4.25%98.314
2033Serial4.25%NRO
2034Serial4.25%NRO
2035Serial4.375%98.726
Series 2010B
MaturityTypeCouponPrice
2011Serial3%102.5
2012Serial3%104.702
2013Serial3%105.743
2014Serial3%106.243
2015Serial3%106.008
2016Serial3%104.703
2017Serial3%103.322
2018Serial4%109.071
2019Serial4%108.328
2020Serial4%106.94
2021Serial4%105.412
2022Serial4%103.362
2023Serial4%102.201
2024Serial4%101.207
2025Serial4%100.677
2026Serial4%100.15
2027Serial4%99.389
2028Serial4%98.485
2029Serial4%97.527
2030Serial4%96.523
2031Serial4%95.345
2032Serial4.25%97.899
2033Serial5%105.944
2034Serial5%105.713
2035Serial5%105.56
2036Serial4.25%96.043
2037Serial4.5%99.689
2038Serial4.5%99.526
2039Serial4.5%99.358
2040Serial4.5%99.186

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