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American Municipal Power, Ohio, to sell $645.6 million revenue bonds
By Sheri Kasprzak
New York, Dec. 15 – American Municipal Power Inc. of Ohio is set to price $645.6 million of series 2015 Prairie State Energy campus project revenue bonds, according to a preliminary official statement.
The deal includes $506,675,000 of series 2015A refunding bonds and $138,925,000 of series 2015B refunding bonds.
The bonds (/A/) will be sold through senior managers RBC Capital Markets LLC and Wells Fargo Securities LLC. The co-managers are BofA Merrill Lynch, BMO Capital Markets Inc., the Huntington Investment Co. Inc., J.P. Morgan Securities LLC, KeyBanc Capital Markets LLC and U.S. Bancorp Investments Inc.
The maturities have not been set.
Proceeds will be used to refund the corporation’s series 2008A and 2009A revenue bonds.
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