Milwaukee organizes $120 million sale of school RANs for Oct. 9

By Sheri Kasprzak

New York, Sept. 28 - The City of Milwaukee is set to price $120 million of series 2012 M11 school revenue anticipation notes on Oct. 9, according to a notice of sale.

The notes will be sold competitively with Robert W. Baird & Co. as the financial adviser.

The notes are due June 26, 2013.

Proceeds will be used to finance Milwaukee Public Schools operations on an interim basis pending the receipt of state aid payments.

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