Lincoln, Neb., coordinates $71.12 million electric system bond sale

By Sheri Kasprzak

New York, May 28 - The City of Lincoln, Neb., is expected to price $71,115,000 of series 2013 revenue and refunding bonds for the Lincoln Electric System, according to a preliminary official statement.

The bonds (/AA/AA) will be sold through senior manager BofA Merrill Lynch with Ameritas Investment Corp. and Wells Fargo Securities LLC as the co-managers.

The maturity dates have not been set.

Proceeds will be used to refund the electric system's series 2005 bonds and commercial paper.

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