Oklahoma Municipal Power plans $117.91 million sale of revenue bonds

By Sheri Kasprzak

New York, Dec. 5 - The Oklahoma Municipal Power Authority plans to price $117.91 million of series 2013A power supply system revenue bonds, according to a preliminary official statement.

The bonds (/A/A) will be sold on a negotiated basis with Bank of America Merrill Lynch. The co-managers are BOSC Inc., J.P. Morgan Securities LLC and RBC Capital Markets LLC.

The bonds are due 2028 to 2033 with term bonds due 2038, 2043 and 2047.

Proceeds will be used to construct a new power generating facility.

The Edmond, Okla., authority provides wholesale power to municipalities.

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