Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Semco Energy, Inc. > News item |
Semco Energy calls $59.5 million 8% notes
By Angela McDaniels
Seattle, Nov. 1 - Semco Energy, Inc. will redeem its $59.494 million 8% senior notes due 2015 on Nov. 30, according to a company news release.
Noteholders will receive par plus interest accrued to Nov. 30.
The Port Huron, Mich., natural gas utility will use proceeds from a new $55 million unsecured term loan with Union Bank of California, NA to fund the redemption.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.