Omaha Public Power coordinates $200 million electric system bond sale

By Sheri Kasprzak

New York, Dec. 5 – The Omaha Public Power District of Nebraska is set to price $200 million of series 2015 electric system revenue bonds, according to a preliminary official statement.

The offering includes $100 million of series 2015A bonds and $100 million of series 2015B bonds.

The bonds (Aa2/AA/) will be sold through senior managers J.P. Morgan Securities LLC and BofA Merrill Lynch. The co-managers are Ameritas Investment Corp., Citigroup Global Markets Inc., D.A. Davidson & Co., Edward D. Jones & Co. LP, Fidelity Capital Markets LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC, Piper Jaffray & Co., Ramirez & Co. Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used for general corporate purposes, as well as to refund the district’s series 2005B, 2007A and 2008A revenue bonds.

© 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.