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Published on 1/22/2013 in the Prospect News Municipals Daily.

Connecticut HEFA to price $100 million of Yale-New Haven revenue bonds

By Sheri Kasprzak

New York, Jan. 22 - The Connecticut Health and Educational Facilities Authority is expected to price $100 million of revenue bonds for Yale-New Haven Hospital Inc., according to a preliminary official statement.

The deal includes $50 million of series N bonds (Aa3/A+/) and $50 million of series O bonds (Aa1/VMIG 1/AAA/A-1+/).

The bonds will be sold through Barclays with J.P. Morgan Securities LLC as the co-manager.

The maturities have not been set.

Proceeds will be used to finance and refinance capital projects for the hospital.


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