Oregon's $750 million TANS to price Tuesday, talked 3% coupon, 1.72% yield

By Cristal Cody

Springdale, Ark., June 23 - Oregon expects to price $750 million tax anticipation notes on Tuesday, said Larry Groth, assistant director for the state's debt division.

The series 2008A short-term notes are anticipated to price with a 3% coupon and a 1.72% yield or a couple basis points better, Groth said.

Bank of America is the senior manager of the negotiated sale.

Proceeds will be used for cash flow management.

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