Energy Northwest, Wash., preps $887.85 million revenue bond offering

By Sheri Kasprzak

New York, April 17 – Energy Northwest, Wash., is scheduled to price $887.85 million of series 2015 electric revenue and refunding bonds on Thursday, according to a sales calendar.

The deal includes $101.32 million of series 2015A project 1 electric revenue refunding bonds, $314.63 million of series 2015A Columbia Generating Station electric revenue and refunding bonds, $74,285,000 of series 2015A project 3 electric revenue refunding bonds, $332.96 million of series 2015B Columbia Generating Station electric revenue and refunding bonds, $39.23 million of series 2015B project 3 taxable electric revenue refunding bonds and $25,425,000 of series 2015A Project 1 electric revenue refunding bonds.

The bonds (Aa1/AA-/AA) will be sold through senior manager J.P. Morgan Securities LLC.

Proceeds will be used to finance electric capital improvements and refund existing revenue debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.