Closed Bond Issues
Connecticut State University System Issue, Series P
Par Amount: | 74560000 |
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Borrower: | Connecticut State University System |
Purpose: |
Bond proceeds provided for the refunding of the System’s 2005 Series G and partial refunding of Series H bond issues, and to fund a variety of capital projects at the four System Universities, including renovating an academic center to a residence hall at Eastern Connecticut State University. The competitive bid bonds achieved over $1.7 million in net present value savings, or 2.85%. *Yield Note: Series P-1: 2.64%; Series P-2: 2.30% |
Underwriter/ Placement Agent: |
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Sector: | Higher Education |
Closing Date: | September 13, 2016 |
Final Maturity: | November 01, 2036 |
Yield: | 2.64% |