Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oklahoma Gas & Electric Co. > News item |
Oklahoma Gas & Electric selling $250 million 30-year bonds
By Aleesia Forni
Virginia Beach, Dec. 8 – Oklahoma Gas & Electric Co. is planning a $250 million sale of senior notes due Dec. 15, 2044, according to a 424B5 filing with the Securities and Exchange Commission.
There will be a make-whole call at an undisclosed spread over Treasuries until June 15, 2044 and a par call after that date.
Bookrunners are J.P. Morgan Securities LLC, RBS Securities Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC.
Proceeds will be added to the company's general funds and used to repay debt, to fund capital expenditures, for working capital and for general corporate purposes.
The electric utility is based in Oklahoma City.
© 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.