American States Water unit calls $15 million of notes due 2023

By Marisa Wong

Madison, Wis., June 12 – American States Water Co. said its Golden State Water Co. subsidiary issued a notice of redemption for its $5 million 6.87% medium-term notes, series A, due 2023 and $10 million 7% medium-term notes, series A, due 2023.

The notes will be redeemed on July 15 at par plus accrued interest to the redemption date.

The company said it plans to replace this $15 million of notes with lower interest rate debt.

The water and electricity utility company is based in San Dimas, Calif.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.