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Public Service Co. of Oklahoma to sell senior notes due 2047; pricing expected Thursday
By Andrea Heisinger
Omaha, Oct. 17 - The Public Service Co. of Oklahoma announced an offering of senior notes due Sept. 30, 2047 Wednesday with pricing expected Thursday, an informed source said.
Bookrunners are Citigroup Global Markets Inc., Merrill Lynch, Morgan Stanley and UBS Investment Bank.
Proceeds will be used to redeem or repurchase outstanding debt, to fund the company's construction program and for other corporate purposes.
The subsidiary of American Electric Power System is based in Tulsa, Okla.
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