Washington state plans $85.39 million sale of COPs for Aug. 7

By Sheri Kasprzak

New York, July 31 - The State of Washington plans to come to market Aug. 7 with $85.39 million of series 2012B certificates of participation, according to a preliminary official statement.

The COPs (Aa2) will be sold competitively with SDM Advisors Inc. as the financial adviser.

The certificates are due 2013 to 2032.

Proceeds will be used to acquire real and personal property and construct projects for state community and technical colleges.

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