Tennergy to redeem $76.19 million of series 2006B gas revenue bonds

By Marisa Wong

Milwaukee, March 29 - Tennergy Corp. plans to redeem its gas revenue bonds, series 2006B, on May 1.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

Affected are $40.84 million of variable-rate bonds due May 1, 2016 and $35.35 million of variable-rate bonds due May 1, 2016.

Based in Jackson, Tenn., Tennergy manages the acquisition, transmission and storage of energy for customers in the southeastern United States.

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