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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
Indiantown calls $13.13 million 9.77% first mortgage bonds due 2020
By Tali David
Minneapolis, Nov. 15 - Indiantown Cogeneration, LP will redeem $13.13 million in principal amount of 9.77% series A1-10 first mortgage bonds due Dec. 15, 2020, according to a notice for redemption.
The bonds will be redeemed on Dec. 15 at par plus accrued interest.
Following the redemption, the remaining amount on the bonds is $212.06 million.
The Bank of New York Mellon Trust Co., NA is the trustee and agent.
Indiantown owns and operates a non-utility electric generating facility based in Bethesda, Md.
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