The Oklahoma Municipal Power Authority (“Authority”) is soliciting proposals from qualified Bond Counsel firms in connection with the proposed issuance of its Power Supply System Revenue and Revenue Refunding Bonds Series 2025 (the “Series 2025 Bonds”). The proposed Series 2025 Bonds will be issued to (a) finance and refinance capital expenditures in an amount up to approximately $263,000,000, (b) refund (i) Power Supply System Revenue Refunding Bonds Series 2021B (Federally Taxable) (the “Series 2021B Bonds”); (ii) Power Supply System Revenue Refunding Bonds Series 2016A (the “Series 2016A Bonds”); and (iii) Power Supply System Revenue Refunding Bonds Series 2014B (the “Series 2014B Bonds” and collectively with the Series 2021B Bonds and Series 2016A Bonds, the “Refunded Bonds”, (c) fund up to three years of capitalized interest and required deposits to the Debt Service Reserve Account of the Debt Service Fund, and (d) pay costs of issuance.
