By Sheri Kasprzak
New York, June 19 – The Metropolitan District of Hartford County, Conn., sold $55 million of series 2014 general obligation bond anticipation notes, said a pricing sheet.
The offering included $15 million of series 2015E notes and $40 million of series 2014F notes.
The 2014E notes are due March 23, 2015 and have a 0.75% coupon to yield 0.1%. The 2014F notes are due Dec. 5, 2014 and have a 1.125% coupon to yield 0.08%.
The notes (Aa1/AA+/) were sold competitively.
Proceeds will be used to finance capital improvements, including to water, sewer and other public facilities.
| Issuer: | Metropolitan District of Hartford County
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| Issue: | Series 2014 general obligation bond anticipation notes
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| Amount: | $55 million
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| Type: | Competitive
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| Ratings: | Moody’s: Aa1
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| Standard & Poor’s: AA+
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| Pricing date: | June 19
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| Settlement date: | June 27
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| $15 million series 2014E notes
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| Maturity | Type | Coupon | Yield
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| March 23, 2015 | Term | 0.75% | 0.1%
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| $40 million series 2014F notes
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| Maturity | Type | Coupon | Yield
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| Dec. 5, 2014 | Term | 1.125% | 0.08%
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