Connecticut to price $450 million of taxable GO bonds on Tuesday

By Sheri Kasprzak

New York, Dec. 10 - The State of Connecticut plans to sell $450 million of series 2009B taxable general obligation bonds on Tuesday, said a sales calendar.

The bonds will be sold through Morgan Stanley & Co. Inc. The co-managers are Goldman, Sachs & Co.; Merrill Lynch & Co.; Siebert Brandford Shank & Co.LLC; J.P. Morgan Securities Inc.; Loop Capital Markets LLC; Ramirez & Co. Inc.; Wachovia Bank, N.A.; and William Blair & Co.

The bonds are due 2020 to 2029

Proceeds will be used to fund capital needs.

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