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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 3/31/2014 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

MidAmerican Energy to redeem or repay 4.65% notes via new offerings

By Tali Rackner

Norfolk, Va., March 31 - MidAmerican Energy Co. plans to redeem or repay prior to maturity the $350 million of its 4.65% senior notes maturing Oct. 1, 2014 with the proceeds from new first mortgage bond offerings, according to a 424B5 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes.

The utility is based in Des Moines.


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