Oklahoma Municipal Power to price $105.77 million revenue bonds

By Cristal Cody

Tupelo, Miss., Oct. 9 - The Oklahoma Municipal Power Authority expects to price $105.765 million in revenue bonds on Oct. 16, a source said Thursday.

The series 2008A bonds (A2/A/) have terms due 2029 and 2039.

JPMorgan is the senior manager of the negotiated sale. Co-managers are BOSC Inc., a BOK Financial Corp. subsidiary; Capital West Securities Inc.; Edward Jones; and Wells, Nelson & Associates.

The proceeds will be used to finance a portion of construction and acquisition costs for an ownership interest in two electric generating plants and to fund other capital projects and interest on the bonds during the construction period.

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