North Carolina Eastern Power to Sell $230M, With a Rate Swap

DeSue, Tedra
May 2004
Bond Buyer;5/18/2004, Vol. 348 Issue 31886, p4
Trade Publication
Reports on the plans of North Carolina Eastern Municipal Power Agency to sell refunding bonds in North Carolina. Efforts of the agency to strengthen its existing debt; Expectation for Citigroup Global Markets Holdings Inc. to price the deal which includes auction-rate securities; Use of the proceeds to refund Series 1991A, 1993C and 1993D bonds.


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