Colorado preps $325 million sale of education loan program TANs

By Sheri Kasprzak

New York, Dec. 6 - The State of Colorado plans to sell $325 million of series 2010B education loan program tax anticipation notes on Tuesday, according to a preliminary official statement.

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

The notes are due June 30, 2011.

Proceeds will be used to provide funding to local school districts ahead of the collection of property taxes.

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