Colorado to bring $255 million in education loan TRANs on Thursday

By Sheri Kasprzak

New York, July 15 - The state of Colorado plans to sell $255 million in series 2009A education loan program tax and revenue anticipation notes on Thursday, according to a preliminary official statement.

The notes (MIG1/SP-1+/) will be sold on a competitive basis with RBC Capital Markets Inc. as the financial adviser.

The notes are due Aug. 12, 2010.

Proceeds will be used to make loans to educational facilities throughout the state to make up deficits.

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