New Issue: Yale-New Haven Health brings to market $50.73 million of taxable bonds

By Sheri Kasprzak

New York, June 6 – The Yale-New Haven Health System of Connecticut priced $50,725,000 of series 2014 taxable bonds, said an official statement.

The bonds (Aa3/A+/AA-) were sold through senior manager Barclays with J.P. Morgan Securities LLC as the co-manager.

The bonds are due July 1, 2044 and have a 4.375% coupon priced at par.

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

Issuer:	Yale-New Haven Health System
Issue:	Series 2014 taxable bonds
Amount:	$50,725,000
Maturity:	July 1, 2044
Coupon:	4.375%
Price:	100
Type:	Negotiated
Underwriters:	Barclays (lead), J.P. Morgan Securities LLC (co-manager)
Ratings:	Moody’s: Aa3
	Standard & Poor’s: A+
	Fitch: AA-
Pricing date:	May 29
Settlement date:	June 23

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