New Hampshire Health to price $135.4 million of education loan bonds

By Sheri Kasprzak

New York, Aug. 18 - The New Hampshire Health and Education Facilities Authority plans to bring to market $135.4 million of series 2011 adjustable-rate education loan revenue bonds, according to a preliminary official statement.

The bonds (AA-/A-1+/AA/F1+) will be sold on a negotiated basis with RBC Capital Markets LLC as the sole manager.

The offering includes $125.4 million of series 2011A taxable bonds and $10 million of series 2011B AMT bonds.

Both tranches are due Dec. 1, 2032.

Proceeds will be used to make loans to qualified educational entities within the state.

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