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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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