Colorado set to price $230 million of education loan TRANs Tuesday

By Sheri Kasprzak

New York, Jan. 9 - The State of Colorado is set to come to market Tuesday with $230 million of series 2012A tax and revenue anticipation notes, according to 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 make interest-free loans to certain school districts experiencing cash flow deficits during the fiscal year ending June 30, 2012.

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