Vectren subsidiary to redeem all 6.25% senior monthly notes due 2039

By Marisa Wong

Madison, Wis., Feb. 5 - Vectren Corp. said its subsidiary, Vectren Utility Holdings, Inc., will redeem all of its outstanding 6.25% senior monthly notes due 2039 on April 1.

The notes will be redeemed at par plus accrued interest to the redemption date.

The principal amount of 6.25% notes currently outstanding is about $122 million.

Vectren is an energy holding company based in Evansville, Ind. Its subsidiaries deliver gas and electricity to customers in Indiana and west central Ohio.

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