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Arizona Public Service to price $179 million bonds Tuesday
By Aaron Hochman-Zimmerman
New York, May 18 - The Arizona Public Service Co. plans to price $179 million of bonds on behalf on Tuesday (Baa2/BBB-/BBB), according to a calendar of upcoming sales.
J.P. Morgan Securities Inc. will act as underwriter for the negotiated deal.
Arizona Public Service Co. is an electric utility subsidiary of Pinnacle West Capital Corp., located in Phoenix.
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