Colorado plans to price $350 million TRANs Thursday

By Cristal Cody

Springdale, Ark., June 23 - Colorado expects to price $350 million general fund tax and revenue anticipation notes in a competitive sale on Thursday, according to preliminary official statement.

The series 2008A notes (/SP-1+/) are due June 26, 2009.

Piper Jaffray & Co. is the state's financial manager.

Proceeds will be used to find anticipated cash flow shortfalls in the general fund for the fiscal year ending June 30, 2009.

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