Alpha Natural calls Foundation PA Coal's $298.3 million 7¼% notes

By Toni Weeks

San Diego, July 19 - Alpha Natural Resources, Inc. will fully redeem the roughly $298.3 million of 7¼% senior notes due 2014 issued by wholly owned indirect subsidiary Foundation PA Coal Co., LLC, according to an 8-K filing with the Securities and Exchange Commission.

The redemption will occur on Aug. 18 at a redemption price of 101.208 plus accrued interest up to but excluding the redemption date.

The Bank of New York Mellon is the trustee for the notes.

Alpha Natural Resources is an Abingdon, Va.-based coal producer.

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