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Prospect News home > News index > List of issuers D > Headlines for DPL Inc. > News item
Published on 6/17/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

DPL to redeem its 7¼% senior notes due 2021

By Rebecca Melvin

New York, June 17 – DPL Inc. plans to redeem all of its outstanding 7¼% senior notes due 2021, of which $380 million is outstanding, according to a company news release.

The redemption is to be funded with proceeds of a new notes offering, cash on hand and the proceeds from other short-term borrowings.

The new issue is being priced under Rule 144A and Regulation S notes, and any remaining proceeds will be used for general corporate purposes.

The energy company is based in Dayton, Ohio.


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