Idaho coordinates $500 million of tax anticipation notes for Tuesday

By Sheri Kasprzak

New York, June 6 – The State of Idaho is expected to price $500 million of series 2016-17 tax anticipation notes on Tuesday, according to a sales calendar.

The notes (/SP-1+/F1+) will be sold on a negotiated basis with Piper Jaffray & Co. as the senior manager.

Proceeds will be used to finance capital expenditures for the coming fiscal year.

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