Port of Morrow, Ore., plans $188.6 million transmission revenue bonds

By Sheri Kasprzak

New York, Dec. 2 – The Port of Morrow, Ore., is set to price $188,585,000 of series 2014 taxable transmission facilities revenue bonds for the Bonneville Power Administration, according to a preliminary official statement.

The bonds (Aa1//AA) will be sold through lead manager J.P. Morgan Securities LLC with Citigroup Global Markets Inc., BofA Merrill Lynch, TD Securities (USA) LLC and Wells Fargo Securities LLC as the co-managers.

The maturities have not been set.

Proceeds will be used to acquire, construct and design a power transmission facility for the power administration.

© 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.