Colorado preps $130 million education loan short-term note offering

By Sheri Kasprzak

New York, July 2 - The State of Colorado is scheduled to price $130 million of series 2013A education loan program tax and revenue anticipation notes on July 9, according to a preliminary official statement.

The notes (MIG1/SP-1+/) will be sold competitively with RBC Capital Markets LLC as the financial adviser.

The notes are due June 27, 2014.

Proceeds will be used to make interest-free loans to Colorado school districts.

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