BNY Mellon Corporate Trust has been appointed trustee, registrar and paying agent for Nebraska Public Power District’s 2009 General Revenue Bonds.
Issuances include USD50,355,000 Series A Taxable Build America Bonds, USD100,000,000 Series B Taxable Bonds, and USD17,890,000 Series C Tax-Exempt Bonds. In its role, BNY Mellon Corporate Trust will provide a variety of services for the debt issue, including processing principal and interest payments and maintaining bondholder records.
“The inclusion of Build America Bonds (BAB) as part of this issuance along with taxable and tax-exempt bonds underscores the versatility of the BAB program and its success in reaching a broad range of state and local government entities,” says Troy Kilpatrick, managing director and head of the Corporate and Municipal Finance Group within BNY Mellon Corporate Trust. “This mandate reflects our commitment to outperformance in supporting clients across both new and traditional forms of debt issuance.”
L.D.