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Article: Black Hills Power Prices $180 Million of First Mortgage Bonds.
- Article from:
- Real Estate Weekly News
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Black Hills Corp. (NYSE:BKH) announced that Black Hills Power, an electric utility subsidiary of Black Hills Corp., priced a $180 million bond offering (in aggregate principal amount) of 6.125 percent series AF first mortgage bonds due 2039. The bonds were priced at 99.931 percent of par and a reoffer yield of 6.13 percent. Black Hills expects the issuance and delivery to occur on October 27, 2009, subject to customary closing conditions. Net proceeds will be used to repay approximately $103.3 million of principal and interest on indebtedness borrowed from Black Hills Corporation primarily to fund the construction of Wygen III, a 110 MW coal-fired base load electric ...
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Article: FERC ISSUES ORDER TO BLACK HILLS POWER ...
US Fed News Service, Including US State News;
November 6, 2009 ;
638 words
... ... following delegated order: Black Hills Power, Inc. Docket No. ER10-31 ... Griffen, Esquire Attorney for Black Hills Power, Inc. Reference: Interconnection ... submitted for filing, on behalf of Black Hills Power, Inc. (Black Hills Power ...
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