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Colorado set to price $100 million of education loan TRANs on July 11
By Sheri Kasprzak
New York, July 5 - The State of Colorado is scheduled to sell $100 million of series 2011A education loan program tax and revenue anticipation notes on July 11, said a preliminary official statement.
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, 2012.
Proceeds will be used to fund loans to state educational facilities ahead of the collection of property taxes and other funds for the coming fiscal year.
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