$1,030,885,000 Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2021 Series A, B, & C

On Thursday, April 22, 2021, Estrada Hinojosa participated in a $1,030,885,000 State of Connecticut Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2021 Series A, B, & C deal as Financial Advisor. Proceeds from the sale of the State’s bonds will be used to finance capital program project commitments and to refund the Series 2011 bonds that are callable December 1, 2021. During the pricing, the State of Connecticut benefited from a positive tone in the municipal market and a low interest rate environment. U.S. Treasury yields were at historic lows and a drop in weekly new issue supply resulted in tightening credit spreads as demand outstripped supply.

$5,000,000 Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2021 Series D

On Tuesday, November 9, 2021, Estrada Hinojosa participated in a $500,000,000 State of Connecticut Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2021 Series D deal as Financial Advisor. Proceeds from the sale of the State’s bonds will be used to finance capital program project commitments.

2020 State of Connecticut transaction

On Monday, May 18, 2020, Estrada Hinojosa participated in a $850,000,000 State of Connecticut Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2020 Series A deal as Financial Advisor. Proceeds from the sale of the State’s bonds will be used to finance capital program project commitments. During the pricing, the State of Connecticut benefited from a positive tone in the municipal market and a low interest rate environment. U.S. Treasury yields were at historic lows and a drop in weekly new issue supply resulted in tightening credit spreads as demand outstripped supply.