Alabama Power Company Announces Planned Redemption of Senior Notes

Loading...
Loading...
On April 2, 2012 Alabama Power plans to redeem all of the company's outstanding $250 million Series 2007B 5.875% Senior Notes due April 1, 2047
ALM
at a redemption price equal to 100 percent of the principal amount plus any accrued and unpaid interest to the date of redemption. Holders of the 2007B Senior Notes will receive a notice of redemption at least 30 days prior to the redemption date. The Bank of New York Mellon Global Corporate Trust will serve as redemption agent.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsFinancing
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...