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Consumers Energy to redeem its 6%, 5% first mortgage bonds on June 28
By Tali David
Minneapolis, June 26 - Consumers Energy Co. plans to redeem its $200 million of 6% first mortgage bonds due 2014 and its $225 million of 5% first mortgage bonds due 2015, according to two notices.
The 6% notes, which are due Feb. 15, 2014, will be redeemed in full at 103.5388 on June 28.
The 5% notes, which are due March 15, 2015, will be redeemed in full at 107.6618 on June 28.
The Bank of New York Mellon is the trustee agent.
Consumers Energy is an electric and gas utility based in Jackson, Miss.
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