Western Connecticut Health Network Issue, Series P
Borrower:
Western Connecticut Health Network
Par Amount:
$40,390,000
Purpose:
Bond proceeds provided for the refunding of Danbury Hospital's 2006 Series H bond issue. The net present value savings was over $10.9 million, or 27.6%.
Underwriter/Placement Agent:
Kaufman, Hall & Associates
Private Placement - DNT Asset Trust, subsidiary of JP Morgan Chase Bank
Closing Date:
March 1, 2017
Final Maturity:
September 30, 2036
Yield:
2.29%
Anticipated Board Approval:
Wednesday, February 15, 2017
For further information, search EMMA for this issue.