New Issue: Oglethorpe Power, Ga., prices $57.67 million revenue bonds

By Sheri Kasprzak

New York, April 17 - The Oglethorpe Power Corp. of Georgia sold $57,665,000 of series 2013A Development Authority of Monroe County pollution control revenue bonds, said a pricing sheet.

The bonds (/A/A) were sold through BofA Merrill Lynch.

The bonds are due Jan. 1, 2039, bear interest at 2.4% and are priced at par.

Proceeds will be used to refund short-term debt incurred to refund bonds previously issued to finance the costs of pollution-control facilities.

Issuer:	Oglethorpe Power Corp.
Issue:	Series 2013A Development Authority of Monroe County pollution revenue bonds
Amount:	$57,665,000
Maturity:	Jan. 1, 2039
Coupon:	2.4%
Price:	100
Type:	Negotiated
Underwriter:	BofA Merrill Lynch (lead)
Ratings:	Standard & Poor's: A
	Fitch: A
Pricing date:	April 17
Settlement date:	April 23

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