Piedmont Municipal Power Agency, S.C., sets Tuesday as pricing date for $144.845 million bond sale

By Sheri Kasprzak

New York, April 25 - The Piedmont Municipal Power Agency of South Carolina plans to price $144.845 million in bonds on Tuesday, according to a calendar of upcoming offerings.

The sale on Tuesday includes a portion of the agency's planned $337.845 million offering, incorporating $16.65 million in series 2008A1 bonds, $39.175 million in series 2008A2 bonds and $89.02 million in series 2008A3 bonds.

The agency also intends to sell $193 million in series 2008B bonds.

The bonds will be sold on a negotiated basis with Goldman, Sachs & Co. as the lead manager.

Proceeds will be used for repairs, modifications and additions to the Catawba nuclear station project.

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