Closed Bond Issues
Connecticut College Issue, Series L
Bond proceeds provided for the refunding of the College’s 2007 Series F&G bond issues. In addition, $15 million in new money proceeds provided for campus improvements, including a career planning center, a Global Commons facility, residential facilities, the upgrade and/or replacement of building roofing, plumbing, mechanical, utility, and electrical systems, and technological infrastructure. The refundings achieved over $1.6 million in net present value savings, or 4.10%.
*Yield Note: Series L-1: 3.56; Series L-2: 2.49 (taxable)
|Underwriter/ Placement Agent:|
|Closing Date:||September 21, 2016|
|Final Maturity:||July 01, 2046|