By Sheri Kasprzak
New York, June 26 - The Connecticut Health and Educational Facilities Authority sold $100 million of series 2013A revenue bonds for Yale University, according to a pricing sheet.
The bonds (Aaa/AAA/) were sold through J.P. Morgan Securities LLC and Barclays.
The bonds are due July 1, 2042 and have a 1.35% coupon priced at par.
Proceeds will be used to refund the university's series X-1 bonds issued in 2003.
| Issuer: | Connecticut Health and Educational Facilities Authority/Yale University
|
| Issue: | Series 2013A revenue bonds
|
| Amount: | $100 million
|
| Maturity: | July 1, 2042
|
| Coupon: | 1.35%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriters: | J.P. Morgan Securities LLC and Barclays (lead)
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Pricing date: | June 26
|
| Settlement date: | July 2
|
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