Net proceeds of $5m or so will be used to repay debt.
That money would be used to repay investors, he said.
Much of that money would be used to repay county creditors.
The proceeds would be used to repay the state for its power purchases.
Those securities, in turn, paid interest which was used to repay the banks for their loans.
When the bonds come due in 30 years, they would be used to repay the $50 billion principal.
The new law requires that any campaign surplus be used to repay the grants.
The state loan was then used to repay the commercial lender.
Proceeds of the offering will be used to repay Washington loans.
The company said proceeds would be used to repay debt.
