The state’s top public housing finance agency has set a pair of offerings for $185 million in bonds to finance an estimated 750 single-family mortgages.
The Connecticut Housing Finance Authority (CHFA) said two separate offerings will take place, with the first one Tuesday for $145 million in fixed-rate tax exempt bonds.
The second, to occur in early March, covers $40 million in variable-rate bonds, CHFA said.
Bank of America Merrill Lynch is the lead underwriter for the fixed-rate bond issue. RBC Capital Markets is the underwriter for the variable rate bond issue.
Kutak Rock LLP, Hawkins, Delafield & Wood LLP and Pugh, Jones & Johnson PC are acting as co-bond counsel.
Tobin, Carberry, O’Malley, Riley & Selinger PC is underwriters’ counsel. Lamont Financial Services Corporation is CHFA’s financial advisor.
