CHICAGO - American Municipal Power Inc. in Ohio will enter the market today with $480 million of taxable revenue bonds in a transaction that will nearly complete the utility's financing of its share of the $4.36 billion coal-fired Prairie State Generation Station.

The finance team was still finalizing structural details but is expected to sell the bonds in two series - a taxable piece for $87.3 million and a taxable Build America Bond series for $393.3 million. The team might opt to split one of the series as well as issue additional tax-exempt debt depending on market response at pricing.

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