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NPPD to issue up to $140 million in bonds in October

October 21, 2013

Columbus, Neb. – The Nebraska Public Power District plans to issue approximately $140 million of fixed-rate, tax-exempt bonds on October 29, 2013. The bond sale will include an order period for retail and institutional investors.

Proceeds from the bond sale will be used to refund a portion of the outstanding General Revenue Bonds. The proceeds will also be used to pay financing costs.

It is currently anticipated that the bonds will be issued in $5,000 denominations or any integral multiple thereof.

NPPD has selected Goldman, Sachs & Co.as its senior bond underwriter. Other underwriting firms include Bank of America/Merrill Lynch, J.P. Morgan, Morgan Stanley, Ramirez & Co., Inc., Wells Fargo Bank, National Association, Ameritas Investment Corp., D.A. Davidson &Co., Piper Jaffray& Co., RBC Capital Markets, and US Bancorp.
The bonds will be repaid over a 20-year period. Individuals interested in purchasing the bonds should contact their broker or financial advisor.

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