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Energy Northwest, Wash., plans to price $470.69 million bonds
By Sheri Kasprzak
New York, Feb. 18 - Energy Northwest of Washington State is expected to sell $470.69 million in series 2010 revenue refunding bonds, according to a preliminary official statement.
The sale includes $68.35 million in series 2010A project 1 bonds, $279.67 million in series 2010A project 3 bonds, $1 million in series 2010B project 1 bonds, $15.615 million in series 2010B Columbia Generating Station bonds, $29.93 million in series 2010B project 3 bonds and $76.125 million in series 2010C Columbia Generating Station bonds.
Goldman Sachs & Co., Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. are the senior managers. The co-managers are Prager, Sealy & Co. and Bank of America Merrill Lynch.
The maturities have not yet been set.
Proceeds will be used to refund existing debt issued to construct several power generation stations.
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