Ameriprise Financial tenders for up to $250 million of 5.35% notes

By Jennifer Chiou

New York, July 1 - Ameriprise Financial Inc. announced the start of a cash tender offer for up to $250 million of its $800 million of 5.35% senior notes due Nov. 15, 2010.

The company said it will pay par plus a $30 early tender payment for those who tender by 5 p.m. ET on July 15. It will also pay accrued interest.

The offer ends at 11:59 p.m. ET on July 29.

Goldman, Sachs & Co. is the lead dealer manager (800 828-3182 or call collect 212 902-5183) and Utendahl Capital Group, LLC is the co-dealer manager (212 797-2665). Global Bondholder Services Corp. is the information agent (866 540-1500 or call collect 212 430-3774).

The financial planning company is based in Minneapolis.

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