New Issue: Omaha Public Power District, Neb., brings $120 million of electric system revenue bonds

By Sheri Kasprzak

New York, Nov. 4 - The Omaha Public Power District of Nebraska priced $120 million of series 2010 electric system revenue bonds (Aa1/AA/) on Thursday, said a term sheet.

The bonds were sold through Goldman, Sachs & Co. and Bank of America Merrill Lynch, with Ameritas Investment Corp., Citigroup Global Markets Inc., Edward D. Jones & Co. LP, J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., RBC Capital Markets Corp. and Wells Fargo Securities LLC as the co-managers.

The bonds are due Feb. 1, 2041 and have a 5.431% coupon priced at par.

Proceeds will be used to finance capital improvements.

Issuer:	Omaha Public Power District
Issue:	Series 2010 electric system revenue bonds
Amount:	$120 million
Maturity:	Feb. 1, 2041
Coupon:	5.431%
Price:	100
Type:	Negotiated
Underwriters:	Goldman, Sachs & Co. and Bank of America Merrill Lynch (lead), Ameritas Investment Corp., Citigroup Global Markets Inc., Edward D. Jones & Co. LP, J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., RBC Capital Markets Corp. and Wells Fargo Securities LLC (co-managers)
Ratings:	Moody's: Aa1
	Standard & Poor's: AA
Pricing date:	Nov. 4
Settlement date:	Nov. 17

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