Hartford, Conn., to sell $70.35 million series 2011 G.O.s, G.O. BANs

By Sheri Kasprzak

New York, March 18 - The City of Hartford, Conn., plans to sell $70.35 million of series 2011 general obligation bonds and G.O. bond anticipation notes, said a preliminary official statement.

The deal includes $25 million of series 2011A G.O. bonds and $45.35 million of series 2011 G.O. bond anticipation notes.

The bonds and notes will be sold on a negotiated basis with William Blair & Co. Inc. The co-managers are Lebenthal & Co. LLC and The Williams Capital Group LP.

The G.O. bonds are due 2013 to 2031. The BANs are due April 12, 2012.

Proceeds will be used to fund various capital improvement projects, as well as to retire the city's series 2010 bond anticipation notes.

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