Southern Natural Gas calls 8 7/8% notes due 2010

By Michelle Anderson

Rochester, N.H. Feb. 28 - Southern National Gas Co. announced that it will redeem for cash all of the $400 million principal amount outstanding of its 8 7/8% notes due 2010 on March 30.

The company will pay $1,044.38 per $1,000 principal amount of the notes plus any accrued interest, according to a press release.

Houston-based Southern Natural Gas Co. is an interstate transportation and natural gas storage and LNG terminalling business. It is a wholly owned subsidiary of El Paso Corp.

© 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.