University of Connecticut General Obligation Bonds 2023 Series A and Refunding Series A slide image

University of Connecticut General Obligation Bonds 2023 Series A and Refunding Series A

Transaction Overview Issuer: Issue: Par Amount: Purpose: Security: Preliminary Structure: UCONN University of Connecticut ("UConn” or the “University") General Obligation Bonds, 2023 Series A ("2023 Series A Bonds") $227,415,000* The 2023 Series A Bonds are being issued to provide funds for the UConn 2000 Infrastructure Improvement Program. STATE OF CONNECTICUT LOUI SUSTINET TRANSTULIT TREASURER'S OFFICE General Obligation Bonds, 2023 Refunding Series A ("2023 Refunding Series A Bonds") $129,315,000* The 2023 Refunding Series A Bonds are being issued to currently refund all or a portion of selected maturities of the University's General Obligation Bonds, 2013 Series A and the General Obligation Bonds, 2014 Series A. The 2023 Series A Bonds and the 2023 Refunding Series A Bonds (collectively, the "2023 Bonds") are general obligations of the University for the payment of which, in accordance with their terms, the full faith and credit of the University are pledged. The 2023 Bonds are additionally secured by the pledge of and a lien upon the State Debt Service Commitment, which is the State's commitment to pay an annual amount for the principal and interest on the 2023 Bonds. Serial bonds maturing August 15, 2024* through August Serial bonds maturing August 15, 2024* through August 15, 2043* Optional Redemption: August 15, 20 at 100% Payment Dates: Tax Status: Ratings: Retail Pricing: Institutional Pricing: Settlement Date: Additional Info: 15, 2033* Non-Callable Interest is payable on February 15 and August 15 in each year, commencing on February 15, 2024 Federally and State of Connecticut Tax-Exempt Aa3 by Moody's (Stable Outlook) | AA- by S&P (Stable Outlook) | AA- by Fitch (Stable Outlook) Monday, November 6, 2023* and Tuesday, November 7, 2023* Wednesday, November 8, 2023* Tuesday, November 21, 2023* Please visit www.BuyCTBonds.com | www.UConnBonds.com Preliminary, subject to change. University of Connecticut | State of Connecticut 3
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