Nebraska Public Power District plans to price $137 million general revenue bonds due 2014

By Cristal Cody

Springdale, Ark., March 7 - Nebraska Public Power District plans to price $137 million general revenue bonds on March 12, a source confirmed Friday.

The bonds (A1) will have a bullet maturity in January 2014, the source said.

Morgan Stanley is the senior underwriter of the negotiated sale.

Proceeds will be used to refund outstanding bonds and eliminate auction-rate securities from the district's debt structure.

The current pricing will refund series 2007 A general revenue bonds maturing Jan. 1, 2014, and taxable series notes that were used to redeem series 2004 A general revenue bonds.

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