OGLETHORPE POWER CORPORATION (An Electric Membership Corporation) UNDERWRITING AGREEMENT Underwriting AgreementUnderwriting Agreement • April 19th, 2016 • Oglethorpe Power Corp • Electric services • New York
Oglethorpe Power Corporation (An Electric Membership Corporation), an electric membership corporation organized under the laws of the State of Georgia (the “Company”), proposes to issue and sell to the Underwriters listed in Schedule I hereto (the “Underwriters”), for whom Mitsubishi UFJ Securities (USA), Inc. is acting as representative (the “Representative”), an aggregate of $250,000,000 principal amount of its 4.25% First Mortgage Bonds, Series 2016 A due 2046 (the “Securities”). The Securities will be issued pursuant to an Indenture dated as of March 1, 1997 (the “Base Indenture”), made by the Company, formerly known as Oglethorpe Power Corporation (An Electric Membership Generation & Transmission Corporation), to U.S. Bank National Association, successor to SunTrust Bank, Atlanta, as trustee (the “Trustee”), as amended and supplemented through and including the Seventy-Second Supplemental Indenture (the “Supplemental Indenture”) thereto to be dated as of April 1, 2016 (the Base In
