In our inaugural engagement with the State of Connecticut ( “Connecticut”), Bryant Rabbino acted as Co-Bond Counsel in connection with the issuance of Connecticut’s $830,000,000 Special Tax Obligation Bonds, Transportation Infrastructure Purposes, 2022 Series A and $313,490,000 Special Tax Obligation Refunding Bonds, Transportation Infrastructure Purposes, 2022 Series B (collectively, the “STO Bonds”). The issuance was one of the largest STO issuances in Connecticut’s history, which will finance vital transportation infrastructure within that state and it also provided Connecticut with $24 million in debt service savings.
Bryant Rabbino attorneys Sani A. Williams, Aram Muradyan, Bernard Armoo, and Adrian Armoo assisted on the transaction. The transaction closed on November 7, 2022