Westar to retire 6.1% first mortgage bonds with bond offering proceeds

By Tali David

Minneapolis, May 14 - Westar Energy Inc. plans to retire $150 million of its 6.1% first mortgage bonds due 2047 with proceeds from its 4.125% first mortgage bond offering, according to a 424B5 filing with the Securities and Exchange Commission.

The 6.1% bonds will be redeemed on May 15 at par plus accrued interest.

Westar is a Topeka, Kan.-based electric company.

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