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Prospect News home > News index > List of issuers M > Headlines for Michigan > News item
Published on 4/4/2013 in the Prospect News Municipals Daily.

Michigan offers $200 million of taxable G.O. school loan bonds

By Cristal Cody

Tupelo, Miss., April 4 - The State of Michigan intends to sell $200 million of series 2013A taxable general obligation school loan bonds competitively on April 10, according to a preliminary official statement.

The bonds (Aa2/AA-/AA) are due 2024 through 2033.

Robert W. Baird & Co. Inc. is the financial adviser.

Proceeds will be used to make loans to school districts.


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