Buffett’s MidAmerican Plans $700 Million Solar Bond Deal
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Warren Buffett’s MidAmerican Energy Holdings Co. may complete a $700 million bond offering this month to finance its $2.74 billion Antelope Valley solar farm in Southern California.
The company plans to issue Series A senior secured notes due in 2035, Elizabeth Fogerty, a Fitch Ratings spokeswoman, said today by e-mail. Barclays Plc, Citigroup Inc. and Royal Bank of Scotland Group Plc are leading the offering, according to data compiled by Bloomberg.