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Published on 2/6/2013 in the Prospect News Municipals Daily.

New Issue: Yale-New Haven Hospital, Conn., sells $132 million 4.366% taxable bonds

By Sheri Kasprzak

New York, Feb. 6 - The Yale-New Haven Hospital Inc. in Connecticut sold $132 million of series 2013 taxable bonds, said an official statement.

The bonds (Aa3/A+/) were sold through Barclays.

The bonds are due July 1, 2043, and have a 4.366% coupon priced at par.

Proceeds will be used to finance or refinance the hospital's capital projects.

Issuer:Yale-New Haven Hospital Inc.
Issue:Series 2013 taxable bonds
Amount:$132 million
Maturity:July 1, 2043
Coupon:4.366%
Price:100
Type:Negotiated
Underwriters:Barclays (lead), J.P. Morgan Securities LLC (co-manager)
Ratings:Moody's: Aa3
Standard & Poor's: A+
Pricing date:Jan. 31
Settlement date:Feb. 14

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