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Published on 12/15/2011 in the Prospect News Agency Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Tennessee Valley Authority to redeem its 4.75% electronotes due 2028

By Tali David

Minneapolis, Dec. 15 - Tennessee Valley Authority announced that it will redeem all $35.4 million of its 2008 4.75% electronotes due Jan. 15, 2028, according to a company email.

The notes will be redeemed at par plus accrued interest on Jan. 15.

Tennessee Valley Authority is a Knoxville, Tenn.-based electricity provider.


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