Connecticut Health offers $57.78 million Lawrence & Memorial bonds

By Sheri Kasprzak

New York, Aug. 26 - The Connecticut Health and Educational Facilities Authority plans to price $57.78 million of series 2011F revenue bonds for the Lawrence & Memorial Hospital, according to a preliminary official statement.

The bonds (/A+/A+) will be sold on a negotiated basis with Morgan Stanley & Co. Inc. as the underwriter.

The bonds are due 2012 to 2022 with term bonds due in 2026, 2032 and 2036.

Proceeds will be used to refund existing debt issued for the hospital.

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