CHICAGO — Milwaukee will competitively sell about $250 million of general obligation debt Wednesday as it grapples with the impact of looming state revenue cuts proposed by Wisconsin Gov. Scott Walker.

The sale comes in four series — $100 million of cash-flow notes, $93.6 million of promissory notes, $29 million of tax-exempt bonds, and $34 million of taxable bonds. Robert W. Baird & Co. is the city’s financial adviser on the competitive transaction.

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