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Published on 11/19/2012 in the Prospect News Municipals Daily.

Connecticut Housing to price $143.45 million of mortgage finance bonds

By Sheri Kasprzak

New York, Nov. 19 - The Connecticut Housing Finance Authority is set to price $143,445,000 of series F housing mortgage program bonds during the week of Nov. 19, according to a preliminary official statement.

The deal includes $102,955,000 of series F-1 non-AMT bonds and $40.49 million of series F-2 AMT bonds.

The bonds will be sold through J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Bank of America Merrill Lynch and Citigroup Global Markets Inc. The co-managers are Barclays, Grigsby & Associates Inc., Janney Montgomery Scott LLC, Jefferies & Co., M.R. Beal & Co. Inc., Raymond James/Morgan Keegan, Ramirez & Co. Inc., Rice Financial Products Co., Roosevelt & Cross Inc. and Wells Fargo Securities LLC.

The F-1 bonds are due 2013 to 2024 with term bonds due in 2027, 2032, 2037 and 2042.

The F-2 bonds are due in 2013 with a term bond due in 2035.

Proceeds will be used to make mortgage loans to qualified Connecticut residents.


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