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Published on 5/31/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montana investment board calls part of 1993 Yellowstone Energy bonds

By Marisa Wong

Madison, Wis., May 31 - Montana Board of Investments said it will redeem $3 million of its 7% series 1993 Yellowstone Energy LP Project resource recovery revenue bonds due Dec. 31, 2019.

The bonds will be redeemed on June 30 at par plus accrued interest to the redemption date.

Wells Fargo Bank, NA is the agent.

The Helena, Mont.-based board administers loan and investment programs to help businesses in Montana meet their financial needs. Yellowstone Energy is a Billings, Mont.-based power distribution company.


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