By Sheri Kasprzak
New York, Dec. 19 - The State of Colorado sold $60 million of series 2012C tax and revenue anticipation notes, according a term sheet.
The notes were sold competitively. The issuer did not respond to requests for the winning bidder by press time Wednesday.
The notes are due June 27, 2013 and have a 2.5% coupon priced at 101.135.
Proceeds will be used to finance state capital needs ahead of the collection of taxes and revenues.
| Issuer: | State of Colorado
|
| Issue: | Series 2012C tax and revenue anticipation notes
|
| Amount: | $60 million
|
| Maturity: | June 27, 2013
|
| Coupon: | 2.5%
|
| Price: | 101.135
|
| Type: | Competitive
|
| Pricing date: | Dec. 18
|
| Settlement date | Jan. 3
|
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