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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Georgia Power to redeem all series O 5.9%, series R 6% senior notes
By Marisa Wong
Milwaukee, May 25 - Georgia Power Co. announced it plans to redeem all $150 million of its series O 5.9% senior notes due April 15, 2033 and all $200 million of its series R 6% senior notes due Oct. 15, 2033 on June 24.
The redemption price for the 5.9% notes and the 6% notes will be par plus accrued interest up to the redemption date.
The Bank of New York Mellon is the trustee.
Georgia Power is an electric company based in Atlanta and is a subsidiary of Southern Co.
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