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Nebraska Public Power to issue $250M in bonds

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COLUMBUS, Neb. (AP) — Nebraska Public Power District plans to issue $250 million in bonds this week to pay for transmission line projects.

Some of the proceeds from the bonds that will be issued Monday will be used to repay some of its existing bonds.

The fixed-rate, taxable bonds will be sold to retail and institutional investors.

The bonds will be repaid over a 30-year period. Individuals interested in purchasing bonds should contact their broker.

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Online:

Nebraska Public Power District: http://www.nppd.com

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