Omaha Public Power District to price $493.19 million of revenue bonds

By Sheri Kasprzak

New York, Sept. 14 - The Omaha Public Power District of Nebraska is set to price $493,185,000 of series 2012 electric system revenue bonds, according to a preliminary official statement.

The offering includes $267,765,000 of series 2012A bonds and $225.42 million of series 2012B bonds.

The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. and Goldman, Sachs & Co. The co-managers are RBC Capital Markets LLC, Wells Fargo Securities LLC, Ameritas Securities Corp., Fidelity Capital Markets LLC, J.P. Morgan Securities LLC, Edward D. Jones & Co. LP, Morgan Stanley & Co. LLC, Piper Jaffray & Co. LLC, Bank of America Merrill Lynch and Ramirez & Co. Inc.

The 2012A bonds are due 2023 to 2034 with term bonds due in 2037 and 2042. The 2012B bonds are due 2017 to 2034 with term bonds due in 2039 and 2046.

Proceeds will be used for capital expenditures and refunding activity.

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