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Published on 4/22/2008 in the Prospect News Investment Grade Daily.

Great River Energy plans $350 million issue of 30-year first-mortgage bonds

By Andrea Heisinger

Omaha, April 22 - Great River Energy plans to price $350 million of 30-year amortized first-mortgage bonds via Rule 144A, an informed source said Tuesday.

Bookrunners are Banc of America Securities LLC, Goldman Sachs & Co. and J.P. Morgan Securities Inc.

Pricing is expected on Wednesday.

The electric company is based in Elk River, Minn.


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