By Sheri Kasprzak
New York, Feb. 20 – The Hartford County Metropolitan District of Connecticut sold $116.5 million of series 2015 general obligation bond anticipation notes, according to a pricing sheet.
The deal included $81.5 million of series 2015A notes and $35 million of series 2015B notes.
The 2015A notes are due March 18, 2016 and have a 1.25% coupon priced at 100.087 to yield 0.15%.
The 2015B notes are due Nov. 4, 2015 and have a 5% coupon priced at 103.067.
The bonds were sold competitively.
Proceeds will be used to fund capital projects ahead of a bond offering.
| Issuer: | Hartford County Metropolitan District
|
| Issue: | Series 2015 general obligation bond anticipation notes
|
| Amount: | $116.5 million
|
| Type: | Competitive
|
| Pricing date: | Feb. 19
|
| Settlement date: | March 19
|
|
|
| $81.5 million series 2015A BANs
|
| Maturity | Type | Coupon | Price | Yield
|
| March 18, 2016 | Term | 1.25% | 100.087 | 0.15%
|
|
|
| $35 million series 2015B BANs
|
| Maturity | Type | Coupon | Price
|
| Nov. 4, 2015 | Term | 5% | 103.067
|
|
|
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