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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 11/14/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

MidAmerican Energy calls 6½% convertible trust preferred securities

By Ashley Montgomery

Kansas City, Kan., Nov. 14 - MidAmerican Energy Holdings Co. plans to redeem all of its outstanding CalEnergy Capital Trust III 6½% convertible trust preferred securities due Sept. 1, 2027, according to an 8-K filing with the Securities and Exchange Commission.

The redemption price is $191.1 million plus accrued distributions up to but excluding Dec. 1, the redemption date.

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

MidAmerican is an energy producer based in Des Moines.


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