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Published on 7/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

West Virginia's 2011A Appalachian Power bonds have mandatory tender

By Tali David

Minneapolis, July 19 - West Virginia Economic Development Authority announced a mandatory tender for purchase of all $65.35 million of its series 2011A solid waste disposal facilities revenue bonds issued for the Appalachian Power Co. Amos project.

The bonds will be purchased Aug. 1 at par plus accrued interest.

The authority said the tender is connected to the planned Aug. 1 conversion to a new term interest rate period.

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

Appalachian Power is a Charleston, W.Va.-based subsidiary of American Electric Power of Columbus, Ohio. The power company operates in central and southern West Virginia, southwest Virginia and parts of northeast Tennessee.


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