New Issue: Hartford Healthcare, Conn., offers up $163.18 million of taxable bonds

By Sheri Kasprzak

New York, March 21 - The Hartford Healthcare Corp. of Connecticut sold $163.18 million of series 2014D taxable bonds, according to a pricing sheet.

The bonds (A2/A/A) were sold through senior managers Citigroup Global Markets Inc. and BofA Merrill Lynch.

The bonds are due April 1, 2044 and have a 5.746% coupon priced at par.

Proceeds will be used to finance working capital, capital projects, pension costs and routine capital expenditures.

Issuer:	Hartford Healthcare Corp., Conn.
Issue:	Series 2014D taxable bonds
Amount:	$163.18 million
Maturity:	April 1, 2044
Coupon:	5.746%
Price:	100
Type:	Negotiated
Underwriters:	Citigroup Global Markets Inc. and BofA Merrill Lynch (lead), Wells Fargo Securities LLC (co-manager)
Ratings:	Moody's: A2
	Standard & Poor's: A
	Fitch: A
Pricing date:	March 19
Settlement date:	March 26

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