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Published on 11/20/2007 in the Prospect News Investment Grade Daily.

PSEG to redeem its $180 million 8¾% deferrable interest debentures

By Devika Patel

Knoxville, Tenn., Nov. 20 - Public Service Enterprise Group Inc. announced it plans to redeem all of its $180 million outstanding 8¾% deferrable interest junior subordinated debentures, series D due 2032 on Dec. 17.

Noteholders will receive par plus interest up to Dec. 17.

The redemption agent is U.S. Bank, N.A.

PSEG is a Newark, N.J.-based energy company.


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