Sierra Pacific Resources buys back $19 million 6¾% notes

By Angela McDaniels

Tacoma, Wash., Nov. 4 - Sierra Pacific Resources repurchased $19 million of its 6¾% senior notes due 2017 in October using cash on hand.

The remaining balance on the 6¾% notes was $191.5 million as of Oct. 31, according to the company's 10-Q report for the third quarter filed with the Securities and Exchange Commission.

The Reno, Nev.-based utility holding company issued $225 million of the notes in August 2005.

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