Central Plains, Neb., plans $608.83 million sale of gas project bonds

By Sheri Kasprzak

New York, April 19 - The Central Plains Energy Project of Nebraska is set to sell $608,825,000 of series 2012 gas project revenue bonds, according to a preliminary official statement.

The bonds (A1/A-/A) will be sold on a negotiated basis with Goldman, Sachs & Co. and RBC Capital Markets LLC as the senior managers.

The bonds are due 2013 to 2042.

Proceeds will be used to finance the acquisition of natural gas according to a prepaid agreement.

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