West Virginia Economic Development's Appalachian Power 2008A, B bonds have mandatory tender

By Marisa Wong

Madison, Wis., Feb. 18 - The West Virginia Economic Development Authority said its Appalachian Power Co. - Mountaineer Project series 2008A and 2008B solid waste disposal facilities revenue refunding bonds are subject to mandatory tender for purchase on March 8.

The bonds will be purchased at par plus accrued interest to but excluding the tender date.

The bonds are subject to mandatory tender, because Appalachian Power will deliver an alternate letter of credit issued by Mizuho Corporate Bank, Ltd. The alternate letter of credit will be substituted for the bonds' current letter of credit, effective March 15.

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

Appalachian Power is based in Charleston, W.Va.

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