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Published on 10/28/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Union Pacific to redeem all $400 million of its 6.65% notes at 101.28

By Devika Patel

Knoxville, Tenn., Oct. 28 - Union Pacific Corp. gave further details about a planned redemption of its $400 million in 6.65% notes due Jan. 15, 2011. The company said on Oct. 6 that the notes will be redeemed in full on Nov. 1.

The notes will be redeemed at 101.2842 plus interest up to the redemption date.

The Bank of New York Mellon NA (800 254-2826) is the trustee.

The rail transport company is based in Omaha.


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