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Closed Bond Issues

Connecticut State University System Issue, Series P

A gray and white illustration of a sun, bird, and city skyline representing CHEFA logo for the organization.
Par Amount:74560000
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:
  • Citigroup
Sector:Higher Education
Closing Date:September 13, 2016
Final Maturity:November 01, 2036
Yield:2.64%