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Published on 5/10/2011 in the Prospect News Municipals Daily.

New Issue: Nebraska Public Power District sells $61.44 million of revenue bonds

By Sheri Kasprzak

New York, May 10 - The Nebraska Public Power District priced Tuesday $61.44 million of series 2011 general revenue bonds, said a pricing sheet.

The bonds (A1/A/A+) were sold through Wells Fargo Securities LLC.

The bonds are due 2012 to 2017 with 1.5% to 5% coupons.

Proceeds will be used to refund the district's taxable notes issued to purchase nuclear fuel, as well as to make a deposit to its debt service reserve fund.

Issuer:Nebraska Public Power District
Issue:Series 2011 general revenue bonds
Amount:$61.44 million
Type:Negotiated
Underwriter:Wells Fargo Securities LLC
Ratings:Moody's: A1
Standard & Poor's: A
Fitch: A+
Pricing date:May 10
Settlement date:May 26
AmountMaturityTypeCouponPrice
$9.645 million2012Serial1.5%100.703
$13.35 million2013Serial4%105.182
$11.85 million2014Serial4%107.058
$4.495 million2015Serial2%101.497
$6.285 million2015Serial4%108.465
$1.395 million2016Serial3%105.225
$7.305 million2016Serial5%114.009
$2.265 million2017Serial2.5%101.517
$4.85 million2017Serial5%114.611

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