New Haven, Conn., to bring $50.4 million in G.O. bonds Thursday

By Sheri Kasprzak

New York, Feb. 1 - The City of New Haven in Connecticut is set to sell $50.4 million in series 2010A general obligation bonds on Thursday, said a notice of sale.

The bonds (A3/A-/A-) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.

The sale includes $9.68 million in series 2010A-1 bonds and $40.72 million in series 2010A-2 Build America Bonds.

The 2010A-1 bonds are due 2011 to 2015 and the 2010A-2 bonds are due 2016 to 2020 with term bonds due 2025 and 2030.

Proceeds will be used to finance general obligation bond anticipation notes, which are due Feb. 15, 2010.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.