| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for TransAlta Corp. > News item |
TransAlta sets redemption price for $500 million 6.65% notes due 2018
By Wendy Van Sickle
Columbus, Ohio, March 12 – TransAlta Corp. will redeem its $500 million 6.65% senior notes due May 15 at $515.61 million, including accrued interest, according to a press release.
As previously reported, the notes will be redeemed on March 15. The redemption price consists of the sum of the present values of the remaining scheduled payments, discounted to the redemption date on a semiannual basis at the Treasury rate of 1.508% plus 45 basis points.
TransAlta is a power generation and wholesale marketing company based in Calgary, Alta.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.