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Published on 10/14/2015 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Wisconsin Public Service calls 7.125% bonds, five preferred series

By Susanna Moon

Chicago, Oct. 14 – Wisconsin Public Service Corp. called its remaining $100,000 principal amount of 7.125% first mortgage bonds due July 1, 2023, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par on Nov. 13.

U.S. Bank NA is the trustee.

In addition, the company also issued calls for all 511,882 outstanding shares of its five series of preferred stock: 131,916 shares of 5% preferred series; 29,983 shares of 5.04% preferreds; 49,983 shares of 5.08% preferreds; 150,000 shares of 6.76% preferreds; and 150,000 shares of 6.88% preferreds.

The redemption date for the preferreds will be Nov. 13.

The subsidiary of Integrys Energy Group, Inc. is based in Green Bay, Wis.


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