Colorado organizes $165 million tax and revenue anticipation note deal

By Sheri Kasprzak

New York, July 8 – The State of Colorado is expected to price $165 million of series 2014A education loan program tax and revenue anticipation notes on Wednesday, according to a notice of sale.

The notes (MIG 1/SP-1+/) will be sold competitively with RBC Capital Markets LLC as the financial adviser.

The notes are due June 29, 2015.

Proceeds will be used to make interest-free loans to local school districts within the state to finance general cash flow needs.

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