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BRIEF-Avista issued and sold $175 mln of 3.54 pct first mortgage bonds due in 2051 - SEC Filing
December 16, 2016 / 10:21 PM / 9 months ago

BRIEF-Avista issued and sold $175 mln of 3.54 pct first mortgage bonds due in 2051 - SEC Filing

Dec 16 (Reuters) - Avista Corp

* Avista Corp- On Dec 15, issued and sold $175.0 million of 3.54 percent first mortgage bonds due in 2051 - SEC Filing

* Avista -Net proceeds from sale of new bonds will be used to repay portion of borrowings outstanding under co’s $400.0 million committed line of credit

* Avista-Net proceeds from sale of new bonds will be used to repay $70.0 million term loan with a commercial bank having maturity date of December 30, 2016 Source text: [bit.ly/2hXJPRp] Further company coverage:

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