Insights
News
May 26, 2016
Day Pitney Advises on $501.4 Million in Bond Sales for State of Connecticut
Hartford, Conn., May 26, 2016 - Day Pitney LLP represented the State of Connecticut as lead bond counsel and disclosure counsel in a general obligation refunding bond sale of $501.4 million. The sale resulted in saving of $75.5 million in debt service costs over the life of the refinanced bonds. The Nappier administration has an active debt refunding program which has saved taxpayers $1.1 billion to date.
Finance partner Namita Tripathi Shah led the Day Pitney team on this transaction, which also included Judith Blank, Glenn Rybacki, Susan Albert, Teri McGehan and Karen Ashe.
Contacts
