Connecticut HEFA defeases some Connecticut College, Connecticut State University revenue bonds

By Tali David

Minneapolis, April 5 - The State of Connecticut Health and Educational Facilities Authority defeased some of its series E Connecticut College revenue bonds and series B and E Connecticut State University revenue bonds, according to separate releases.

The authority will redeem the Connecticut College bonds, which are due July 1, 2012 through 2014, 2022 and 2032, at 101 plus accrued interest on July 1.

The following Connecticut State bonds will be redeemed at par plus accrued interest:

• $1.86 million of 5.25% series B bonds due Nov. 1, 2017;

• $3.74 million of 4% series E bonds due Nov. 1, 2012;

• $5.55 million of 4% series E bonds due Nov. 1, 2021;

• $6.05 million of 4.125% series E bonds due Nov. 1, 2023;

• $5.14 million of 4.25% series E bonds due Nov. 1, 2024;

• $5.36 million of 4.25% series E bonds due Nov. 1, 2025;

• $11,405,000 of 4.25% series E bonds due Nov. 1, 2027; and

• $12.41 million of 4.375% series E bonds due Nov. 1, 2029.

The series B bonds will be redeemed on May 4, and the series E bonds will be redeemed on Nov. 1, 2012.

U.S. Bank, NA is the trustee.

© 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.