New Haven, Conn., readies $53.8 million sale of housing revenue bonds

By Sheri Kasprzak

New York, Dec. 7 – The City of New Haven, Conn., plans to come to market with $53.8 million of series 2015B general obligation refunding bonds on Wednesday, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold on a negotiated basis with Piper Jaffray & Co. and Raymond James/Morgan Keegan as the senior managers.

The bonds are due 2016 to 2028.

Proceeds will be used to refund the city’s series 2005A, 2007, 2008A, 2009A and 2011A G.O. bonds.

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