By Sheri Kasprzak
New York, July 9 - The State of Colorado sold $130 million of series 2013A education loan program tax and revenue anticipation notes, according to a pricing sheet.
The notes (MIG 1/SP-1+/) were sold competitively, but the issuer did not immediately respond to requests for the winning bidder Tuesday.
The notes are due June 27, 2014 and have a 1.25% coupon priced at 101.024 to yield 0.167%.
Proceeds will be used to make interest-free loans to Colorado school districts.
| Issuer: | State of Colorado
|
| Issue: | Series 2013A education loan program tax and revenue anticipation notes
|
| Amount: | $130 million
|
| Maturity: | June 27, 2014
|
| Coupon: | 1.25%
|
| Price: | 101.024
|
| Yield: | 0.167%
|
| Type: | Competitive
|
| Ratings: | Moody's: MIG 1
|
| Standard & Poor's: SP-1+
|
| Pricing date: | July 9
|
| Settlement date: | July 16
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
