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Published on 9/25/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut HEFA adds to full series E university system bond call

By Ashley Montgomery

Kansas City, Kan., Sept. 25 - The State of Connecticut Health and Educational Facilities Authority added to its announcement of the planned redemption of its series E Connecticut State University System bonds, according to a notice.

The state added the following bonds to the redemption list:

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

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

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

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

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

• $12.41 million of 4.375% bonds due Nov. 2, 2029.

As previously reported, the following bonds are also affected:

• $3,885,000 of 4.75% bonds due Nov. 1, 2013;

• $4,075,000 of 5% bonds due Nov. 1, 2014;

• $4,275,000 of 5% bonds due Nov. 1, 2015;

• $4.49 million of 5% bonds due Nov. 1, 2016;

• $4.71 million of 4% bonds due Nov. 1, 2017;

• $4.9 million of 4% bonds due Nov. 1, 2018;

• $5.1 million of 4% bonds due Nov. 1, 2019;

• $5,305,000 of 4.75% bonds due Nov. 1, 2020;

• $5,775,000 of 4.75% bonds due Nov. 1, 2022; and

• $28.5 million of 5% bonds due Nov. 1, 2033.

The bonds will be redeemed on Nov. 1 at par plus accrued interest to the redemption date.

U.S. Bank, NA is the agent.


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