Connecticut HEFA plans to sell $190 million of revenue bonds for Wesleyan University Tuesday

By Sheri Kasprzak

New York, April 23 - The State of Connecticut Health and Educational Facilities Authority is set to sell $190 million in series 2010G revenue bonds for Wesleyan University on Tuesday, according to a calendar of upcoming deals.

The bonds (A3) will be sold on a negotiated basis with Goldman Sachs & Co. as the lead manager. The co-managers are J.P. Morgan Securities Inc., RBC Capital Markets Corp. and Rice Financial Products Co.

The maturities have not been set.

Proceeds will be used to fund capital projects at the university.

Based in Hartford, Conn., the authority provides funding to health care systems, nonprofit organizations, schools and other organizations. Wesleyan University is located in Middletown, Conn.

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