By Aaron Hochman-Zimmerman
New York, March 31 - Energy Northwest in Washington priced $370.55 million series 2009 revenue refunding bonds at a true interest cost of 4.104%, according to spokeswoman Rochelle Olson.
Citigroup Global Markets Inc. and Goldman, Sachs & Co. acted as lead underwriters for the negotiated deal, which has its final maturity in 2024.
Proceeds will be used for system maintenance.
Energy Northwest has headquarters in Richland, Wash.
Issuer: | Energy Northwest
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Issue: | Series 2009 revenue refunding bonds
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Amount: | $370.55 million
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Final maturity: | 2024
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True interest cost: | 4.104%
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Type: | Negotiated
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Underwriters: | Citigroup Global Markets Inc., Goldman, Sachs & Co.
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Pricing date: | March 31
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