North Carolina Eastern Municipal Power to price $477.53 million bonds

By Sheri Kasprzak

New York, July 9 – The North Carolina Eastern Municipal Power Agency is scheduled to price $477.53 million of series 2015 taxable revenue bonds during the week of July 13, according to a notice from the issuer.

The bonds will be sold through BofA Merrill Lynch with Barclays, First Southwest Co., Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC as the co-managers.

The bonds are due 2016 to 2025.

Proceeds will be used to acquire, develop, renovate, improve and extend power generation and transmission facilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.