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Published on 3/29/2004 in the Prospect News High Yield Daily.

Avista calls 7 7/8% trust preferreds

New York, March 29 - Avista Corp. said it will redeem all $60 million liquidation amount of the 7 7/8% trust originated preferred securities, series A, issued by Avista Capital I.

The redemption will occur on April 28 at the preferreds' $25 liquidation price plus accrued distributions.

Avista is a Spokane, Wash., energy company.


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