Nebraska Public Power to Issue $250 Million in Bonds

By: Associated Press

Posted: Tue 6:27 AM, Oct 09, 2012

The Nebraska Public Power District plans to issue $250 million in bonds this month to pay for transmission lines and power generation projects.

Some of the proceeds from the bonds will also be used repay part of the utility's general revenue bonds. The fixed-rate, tax-exempt bonds will be issued on Oct. 15.

The bonds will be repaid over a 30-year period.

Individuals interested in purchasing bonds should contact their broker.

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