New Issue-Empire District Electric sells FMBs

Mon May 24, 2010 3:25pm EDT

  May 24 (Reuters) - Empire District Electric Co (EDE.N) on
Monday sold $100 million of first mortgage bonds, said IFR, a
Thomson Reuters service.
 Bank of America Merrill Lynch was the active bookrunning
manager for the sale.
 Wells Fargo Securities was the passive bookrunning manager
for the sale.
BORROWER: EMPIRE DISTRICT ELECTRIC CO
AMT $100 MLN      COUPON 4.65 PCT     MATURITY 5/28/2020 
TYPE FMBS         ISS PRICE 99.786    FIRST PAY 11/28/2010
MOODY'S A3        YIELD 4.677 PCT     SETTLEMENT 5/28/2010
S&P BBB-PLUS      SPREAD 145 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE-CALL 25 BPS

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