Oglethorpe expects to offer up to $250 million bonds in early 2016

By Marisa Wong

Morgantown, W.Va., Nov. 16 – Oglethorpe Power Corp. said it anticipates issuing up to $250 million of first mortgage bonds in early to mid 2016.

The company is also looking to replace or renew its bilateral bank credit facility with JPMorgan expiring in November 2016, according to a company presentation.

Oglethorpe is an electric supply cooperative is based in Tucker, Ga.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.