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Published on 11/17/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

NV Energy to redeem all 7.803% notes due 2012, 8 5/8% notes due 2014

By Devika Patel

Knoxville, Tenn., Nov. 17 - NV Energy Inc. will use the proceeds from an offering of senior notes due 2020 to redeem all of its 7.803% senior notes due 2012 and its 8 5/8% senior notes due 2014, according to a 424B5 prospectus supplement filed Wednesday with the Securities and Exchange Commission.

NV Energy is a Las Vegas-based holding company. Its primary subsidiaries are utility companies Nevada Power Co. and Sierra Pacific Power Co., which both do business as NV Energy.


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