Connecticut HEFA's $150 million Yale bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., Jan. 7 - The State of Connecticut Health and Educational Facilities Authority said its $150 million of series 2010A-3 Yale University revenue bonds are subject to mandatory tender, according to a notice.

The tender date will be Feb. 7, and the bonds will be purchased at par.

On that same date, the interest rate on the bonds will be changed.

Holders must deliver their bonds to the trustee on the tender date.

U.S. Bank, NA is the trustee.

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