Municipal Bond New Issues

REPRICE/RESTRUCTURE WIRE
RE: $18,975,000* GREATER NEW HAVEN WATER POLLUTION CONTROL
2008 SERIES A
–

MOODY’S: Aaa / A3 S&P: AAA / A FITCH: AAA
/ A-

FSA INSURED

DATED: 04/02/2008 FIRST COUPON: 05/15/2008 DUE:
11/15

[More:]

TAKEDOWN
MATURITY AMOUNT* COUPON PRICE
(pts)

11/15/2010 355M 4.00 % 2.30
3/8
(Approx. $ Price 104.295)
11/15/2011 370M 4.00 % 2.56
3/8
(Approx. $ Price 104.945)
11/15/2012 385M 4.00 % 2.80
3/8
(Approx. $ Price 105.163)
11/15/2013 400M 4.00 % 2.96
3/8
(Approx. $ Price 105.345)
11/15/2014 415M 4.00 % 3.15
1/2
(Approx. $ Price 105.04 )
11/15/2015 435M 4.00 % 3.35
1/2
(Approx. $ Price 104.336)
11/15/2016 450M 4.00 % 3.54
1/2
(Approx. $ Price 103.388)
11/15/2017 470M 4.00 % 3.73
1/2
(Approx. $ Price 102.162)
11/15/2018 490M 4.00 % 3.87
1/2
(Approx. $ Price 101.119)
11/15/2019 510M 4.00 % 4.09
1/2
(Approx. $ Price 99.17 )
11/15/2020 530M 4.125 % 4.26
1/2
(Approx. $ Price 98.688)
11/15/2021 555M 4.25 % 4.38
1/2
(Approx. $ Price 98.672)
11/15/2022 580M 4.375 % 4.50
1/2
(Approx. $ Price 98.667)
11/15/2023 605M 4.50 % 4.61
1/2
(Approx. $ Price 98.78 )
11/15/2024 635M 5.00 % 4.67
1/2
(Approx. $ PTC 11/15/2018
102.733)

11/15/2028 2,860M 4.75 % 4.92
1/2
(Approx. $ Price 97.807)

11/15/2037 8,930M 5.00 % 5.05
1/2
(Approx. $ Price 99.23 )

CALL FEATURES: Optional call in 11/15/2018 @ 100.00

* - APPROXIMATE SUBJECT TO CHANGE
–
–
The compliance addendum MSRB Rule G-11 will apply.

Delivery is expected on April 2, 2008.

This issue is book entry. DTC is pending.

Lehman Brothers

By: Lehman Brothers New York, NY

This message is a product of municipal syndicate and is not a research
report.