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In the News Press Release

Day Pitney Advises on $550 Million in Bond Sales for State of Connecticut

Publisher: Day Pitney Press Release
March 23, 2016

Hartford, CT, March 23, 2016 - Day Pitney LLP represented the State of Connecticut as disclosure counsel in a general obligation bond sale of $550 million.

The sale drew interest from both individual and institutional investors alike, and resulted in a low overall interest rate of 3.07 percent, the lowest cost of funds on any comparable state obligation bond issue in the last 15 months. As lead bond counsel, the firm led and coordinated the issuance of the bonds with six bond counsel firms, separate tax counsel, underwriters’ counsel and co-disclosure counsel.  The bonds are scheduled to be delivered on March 30, 2016. 

Finance partner Namita Tripathi Shah led the Day Pitney team on these transactions, which also included Judith Blank, Glenn Rybacki, Susan Albert, Teri McGehan and Karen Ashe.

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Partner and Chair of Day Pitney's Private Equity and Finance group Namita Shah was featured in the Diverse Lawyers Network newsletter for being a recipient of a South Asian Bar Association (SABA) of North America's Cornerstone Award for 2022.

Day Pitney Attorney Wins South Asian Bar Association Award
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Partner and Chair of Day Pitney's Private Equity and Finance group Namita Shah was featured in Law360 Pulse for being a recipient of a South Asian Bar Association (SABA) of North America's Cornerstone Award for 2022.

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Namita Shah Led Day Pitney's Municipal Finance Team in the Firm's Work on a $1 Billion Connecticut General Obligation Bond Offering
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Namita Tripathi Shah Elected as a Fellow of the American College of Bond Counsel
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Related Professionals
Namita Shah
Namita Tripathi Shah
Hartford, CT
T: (860) 275 0132
Blank, Judith
Judith A. Blank
Hartford, CT
T: (860) 275 0112
Glenn Rybacki
Glenn G. Rybacki
Hartford, CT
New York, NY
T: (860) 275 0115
New Jersey Hartford Stamford Greenwich New Haven West Hartford Boston
New York Washington, DC Providence Boca Raton Miami West Palm Beach

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