E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/19/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

WPPI Energy defeases two series power supply system revenue bonds

By Marisa Wong

Madison, Wis., April 19 - Wisconsin Public Power Inc. (WPPI Energy) defeased its 2003 series A and 2005 series A power supply system revenue bonds, according to a notice.

The defeased 2003A bonds will be redeemed on July 1, and the defeased 2005A bonds will be redeemed on July 1, 2015. Both series will be redeemed at par plus accrued interest.

The company originally issued $86.99 million of the 2003A bonds and $143.02 million of the 2005A bonds.

Bank of New York Mellon Trust Co., NA is the trustee.

The power company is based in Sun Prairie, Wis.


© 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.