By Sheri Kasprzak
New York, March 12 - The Metropolitan District of Hartford County, Conn., sold $278,221,000 of series 2014 general obligation bond anticipation notes, according to a pricing sheet.
The notes were sold competitively.
The offering included $52,762,000 of series 2014A notes, $100 million of series 2014B notes, $90,459,000 of series 2014C notes and $35 million of series 2014D notes.
The 2014A notes are due Aug. 7, 2014 and have a 0.5% coupon priced at 100.166 to yield 0.05%.
The 2014B notes are due Dec. 5, 2014 and have a 1% coupon priced at par to yield 0.09%.
The 2014C notes are due March 23, 2015 and have a 1% coupon priced at par to yield 0.11%.
The 2014D notes are due March 23, 2015 and have a 1% coupon priced at 100.896 to yield 0.1%.
Proceeds will be used to finance sewer, water and capital improvements within the district.
| Issuer: | Metropolitan District of Hartford County
|
| Issue: | Series 2014 general obligation bond anticipation notes
|
| Amount: | $278,221,000
|
| Type: | Competitive
|
| Pricing date: | March 12
|
| Settlement date: | March 24
|
|
|
| $52,762,000 series 2014A notes
|
| Maturity | Type | Coupon | Price | Yield
|
| Aug. 7, 2014 | Term | 0.50% | 100.166 | 0.05%
|
|
|
| $100 million series 2014B notes
|
| Maturity | Type | Coupon | Price | Yield
|
| Dec. 5, 2014 | Term | 1% | 100 | 0.09%
|
|
|
| $90,459,000 series 2014C notes
|
| Maturity | Type | Coupon | Price | Yield
|
| March 23, 2015 | Term | 1% | 100 | 0.11%
|
|
|
| $35 million series 2014D notes
|
| Maturity | Type | Coupon | Price | Yield
|
| March 23, 2015 | Term | 1% | 100.896 | 0.10%
|
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