City of Tacoma – RFP – Tacoma Power Short-Term Funding Products – RP21-0477F – Due 4/12/21

City of Tacoma – RFP – Tacoma Power Short-Term Funding Products – RP21-0477F

Due Date: April 12, 11 AM
Description: Tacoma Power is requesting proposals from financial institutions interested in providing a direct funded loan or purchase of indexed notes, in an amount up to $150 million, with drawdown and prepayment flexibility similar to a traditional commercial paper program. Tacoma Power is also interested in receiving proposals that detail other alternative short-term funding products (“Alternative Bank Products”) that may be beneficial to the Utility.

Specification
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