Bonds

Bond Offering

Indiana Municipal Power Agency Power Supply System Revenue Bonds, 2025 Series A*

Indiana Municipal Power Agency Power Supply System Revenue Bonds, 2025 Series A*

Par Amount
$268,315,000
Tax Status
Tax-Exempt
Sale Date
01/15/2025
Sector
Power / Gas
State
Indiana
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
01/23/2025
Call Features
Bonds maturing on or after January 1, 2036* are subject to redemption prior to maturity at the election of IMPA in whole or in part in the principal amount per maturity designated by the Agency at any time on or after January 1, 2035* at a redemption price of 100%*

Additional Information

*Preliminary and subject to change.  Par Amount, Sale Date and Closing Date are also preliminary and subject to change.

Bond Offering Ratings

Moody's
A1
Outlook
Stable
Date
Dec 2024
S&P
A+
Outlook
Stable
Date
Dec 2024
Fitch
A+
Outlook
Stable
Date
Dec 2024
Roadshow for Indiana Municipal Power Agency Investor Relations
Indiana Municipal Power Agency Power Supply System Revenue Bonds, 2025 Series A

Co-Senior, Book Runner

BofA Securities, Inc.
Kevin T. Langlais, Managing Director

Co-Senior

J.P. Morgan Securities LLC
Kevin Plunkett, Executive Director

Co-Manager

Ramirez & Co. Inc.
Ted Sobel, Managing Director
RBC Capital Markets
Mark Glotfelty, Managing Director

Municipal Advisor

PFM Financial Advisors LLC
Chris Lover
(704) 319-7922