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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 12/17/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

First Horizon calls $100 million First Tennessee 8.07% securities

By Melissa Kory

Cleveland, Dec. 17 - First Horizon announced that it will redeem its $100 million of First Tennessee 8.07% series A Capital Trust I securities due Jan. 6, 2027.

The securities will be redeemed on Jan. 14 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

The financial holding company is based in Memphis.


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