What is the opportunity?
- Potential for stable, tax-exempt income for Connecticut residents2
- Bond ratings of Aa3 from Moody's, and AA from S&P3
- Bonds are secured by a general obligation pledge of the University and a pledge of, and lien on, the State's Debt Service Commitment. However, the bonds do not obligate the State or any municipality or political subdivision to levy or pledge any form of taxation. The University has no taxing power.
- Same prices and yields to individual investors as institutional with allocation priority given to Connecticut state retail clients
When can I place my order?
We expect individual investors to have retail priority Friday, April 4 through Monday, April 7. Please note that the underwriters may close the retail period (or certain maturities) early due to market conditions, or in the event the bonds are all sold. As a result, interested individual investors are encouraged to place their orders at their earliest convenience.