Published on 1/22/2008 in the Prospect News Municipals Daily.
New Issue: American Municipal Power's $168.215 million commercial paper BANs yield 2.15%
By Sheri Kasprzak
New York, Jan. 22 - American Municipal Power, Inc. in Ohio priced $168.215 million in commercial bond anticipation notes at par to yield 2.15% Tuesday, according to source familiar with the offering.
The notes are due March 4, 2008, and the coupon came at 2.15%, priced at par, the source said.
Issuer: | American Municipal Power, Inc.
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Issue: | Commercial paper bond anticipation notes
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Type: | Negotiated
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Amount: | $168.215 million
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Maturity: | March 4, 2008
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Coupon: | 2.15%
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Price: | Par
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Yield: | 2.15%
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Dealer: | J.P. Morgan Securities, Inc.
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Pricing date: | Jan. 22
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