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Omaha Public Power plans $101.4 million electric system revenue bonds
By Sheri Kasprzak
New York, Feb. 26 – The Omaha Public Power District of Nebraska is expected to price $101,355,000 of series 2016A separate electric system revenue bonds, according to a preliminary official statement.
The bonds (A1/A+) will be sold on a negotiated basis with RBC Capital Markets LLC and Wells Fargo Securities LLC as the lead managers.
The co-managers are Ameritas Investment Corp., BofA Merrill Lynch, Citigroup Global Markets Inc., D.A. Davidson & Co., Fidelity Capital Markets Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co., Piper Jaffray & Co., Ramirez & Co. Inc. and Raymond James/Morgan Keegan.
The maturities have not been set.
Proceeds will be used to finance capital improvements to the district’s electric system.
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