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MidAmerican to redeem 4.65% notes due October 2014 on May 5
By Jennifer Chiou
New York, April 3 - MidAmerican Energy Co. will redeem prior to maturity its $350 million of its 4.65% senior notes maturing Oct. 1, 2014 on May 5, according to an 8-K filing with the Securities and Exchange Commission.
As reported, the company plans to use proceeds from new first mortgage bond offerings for the redemption.
The utility is based in Des Moines.
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