Closed Bond Issues
Brass City Charter School Issue, Series A
| Par Amount: | 3410000 |
|---|---|
| Borrower: | Brass City Charter School |
| Purpose: |
Bond proceeds provided for the renovation and expansion of the school, located in Waterbury. The Series A issue was structured as a variable rate transaction with a 30-year term amortization, and a 10-year mandatory put. The issue was a direct bank purchase by Webster Public Financial Corporation. The net interest cost for the issue was 4.01%. |
| Underwriter/ Placement Agent: |
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| Sector: | Independent Schools |
| Closing Date: | July 31, 2018 |
| Final Maturity: | July 31, 2048 |
| Yield: | 4.01% |
