Omaha Public Power plans $177.56 million 2016A electric system bonds

By Sheri Kasprzak

New York, July 25 – The Omaha Public Power District of Nebraska is set to price $177.56 million of series 2016A electric system revenue bonds, according to a preliminary official statement.

The bonds (Aa2/AA) will be sold on a negotiated basis with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as the senior managers. The co-managers are Ameritas Investment Corp., BofA Merrill Lynch, D.A. Davidson & Co., Drexel Hamilton LLC, Fidelity Capital Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Piper Jaffray & Co., Ramirez & Co. Inc., Raymond James/Morgan Keegan and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used for capital purposes and to refund the district’s series 2009A, 2011B and 2012A bonds.

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