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Prospect News home > News index > List of issuers T > Headlines for Tenders 2006 > News item |
Nevada Power calls 7¾% trust preferreds
New York, May 8 - Nevada Power Co. said its NVP Capital III subsidiary will redeem all its $70 million of 7¾% Trust Issued Preferred Securities on June 7.
The company will pay par of $25.00 plus accrued distributions.
Nevada Power is a an electric utility and a subsidiary of Las Vegas-based Sierra Pacific Resources.
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