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TVA's Caledonia Generating bonds launch
06 July 2012
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[tva]
[ge capital]
[mississippi]
[lease]
Morgan Stanley and Citi have launched a $206 million ten-year bond issue for Caledonia Generating. GE Capital owns Caledonia, an 813MW combined-cycle gas-fired plant, but leases it to the Tennessee Valley Authority. The TVA took over the lease from...
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