Published on 1/31/2013 in the Prospect News Municipals Daily.
New Issue: Hartford County, Conn., prices $55.27 million of G.O. bonds
By Sheri Kasprzak
New York, Jan. 31 - The Metropolitan District of Hartford County, Conn., sold $55,265,000 of series 2013 general obligation bonds, according to a pricing sheet.
The deal included $30,235,000 of series 2013A bonds and $25.03 million of series 2013B bonds.
The 2013A bonds are due 2014 to 2033 with 2.125% to 5% coupons.
The 2013B bonds are due 2014 to 2033 with 2.125% to 5% coupons.
The bonds (Aa1/AA+/) were sold competitively, but the issuer did not immediately return calls for the winning bidder by press time Thursday.
Proceeds will be used to permanently finance bond anticipation notes.
| Issuer: | Metropolitan District of Hartford County
|
| Issue: | Series 2013 general obligation bonds
|
| Amount: | $55,265,000
|
| Type: | Competitive
|
| Ratings: | Moody's: Aa1
|
| Standard & Poor's: AA+
|
| Pricing date: | Jan. 31
|
| Settlement date: | Feb. 13
|
|
|
| $30,235,000 series 2013A bonds
|
| Amount | Maturity | Type | Coupon | Price
|
| $1,515,000 | 2014 | Serial | 4% | 103.667
|
| $1,515,000 | 2015 | Serial | 4% | 106.881
|
| $1,515,000 | 2016 | Serial | 5% | 112.508
|
| $1,515,000 | 2017 | Serial | 5% | 116.025
|
| $1,515,000 | 2018 | Serial | 5% | 119.119
|
| $1,515,000 | 2019 | Serial | 5% | 121.175
|
| $1,515,000 | 2020 | Serial | 5% | 122.698
|
| $1.51 million | 2021 | Serial | 5% | 123.985
|
| $1.51 million | 2022 | Serial | 5% | 125.072
|
| $1.51 million | 2023 | Serial | 2.125% | 99.687
|
| $1.51 million | 2024 | Serial | 2.25% | 99.806
|
| $1.51 million | 2025 | Serial | 2.375% | 99.225
|
| $1.51 million | 2026 | Serial | 2.5% | 99.669
|
| $1.51 million | 2027 | Serial | 2.5% | 98.834
|
| $1.51 million | 2028 | Serial | 2.625% | 99.447
|
| $1.51 million | 2029 | Serial | 2.75% | 99.87
|
| $1.51 million | 2030 | Serial | 3% | 101.258
|
| $1.51 million | 2031 | Serial | 3% | 100.862
|
| $1.51 million | 2032 | Serial | 3% | 100.469
|
| $1.51 million | 2033 | Serial | 3% | 100
|
|
|
| $25.03 million series 2013B bonds
|
| Amount | Maturity | Type | Coupon | Price
|
| $1,255,000 | 2014 | Serial | 4% | 103.667
|
| $1,255,000 | 2015 | Serial | 4% | 106.881
|
| $1,255,000 | 2016 | Serial | 5% | 112.508
|
| $1,255,000 | 2017 | Serial | 5% | 116.025
|
| $1,255,000 | 2018 | Serial | 5% | 119.119
|
| $1,255,000 | 2019 | Serial | 5% | 121.175
|
| $1.25 million | 2020 | Serial | 5% | 122.698
|
| $1.25 million | 2021 | Serial | 5% | 123.985
|
| $1.25 million | 2022 | Serial | 5% | 125.072
|
| $1.25 million | 2023 | Serial | 2.125% | 99.687
|
| $1.25 million | 2024 | Serial | 2.25% | 99.806
|
| $1.25 million | 2025 | Serial | 2.375% | 99.225
|
| $1.25 million | 2026 | Serial | 2.5% | 99.669
|
| $1.25 million | 2027 | Serial | 2.5% | 98.834
|
| $1.25 million | 2028 | Serial | 2.625% | 99.447
|
| $1.25 million | 2029 | Serial | 2.75% | 99.87
|
| $1.25 million | 2030 | Serial | 3% | 101.258
|
| $1.25 million | 2031 | Serial | 3% | 100.862
|
| $1.25 million | 2032 | Serial | 3% | 100.469
|
| $1.25 million | 2033 | Serial | 3% | 100
|
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