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Published on 3/25/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut calls all $132.5 million 2003C general obligation bonds

By Tali David

Minneapolis, March 25 - The State of Connecticut called $132.5 million of its series 2003C general obligation bonds in full, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on May 1:

• $810,000 of 3.6% bonds due May 1, 2014;

• $12.44 million of 5.25% bonds due May 1, 2014;

• $595,000 of 3.7% bonds due May 1, 2015;

• $12,655,000 of 5.25% bonds due May 1, 2015;

• $100,000 of 3.8% bonds due May 1, 2016;

• $13.15 million of 5.25% bonds due May 1, 2016;

• $10,000 of 3.95% bonds due May 1, 2017;

• $13.24 million of 5% bonds due May 1, 2017;

• $3,525,000 of 4% bonds due May 1, 2018;

• $9,725,000 of 5% bonds due May 1, 2018;

• $1.05 million of 4.1% bonds due May 1, 2019;

• $12.2 million of 5% bonds due May 1, 2019;

• $180,000 of 4.2% bonds due May 1, 2020;

• $13.07 million of 5% bonds due May 1, 2020;

• $275,000 of 4.25% bonds due May 1, 2021;

• $12,975,000 of 5% bonds due May 1, 2021;

• $13.25 million of 5% bonds due May 1, 2022;

• $4.67 million of 4.4% bonds due May 1, 2023; and

• $8.58 million of 5% bonds due May 1, 2023.

U.S. Bank NA is the trustee or agent.


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