Public Service Co. of Oklahoma to redeem all 5.15% notes on June 1

By Angela McDaniels

Tacoma, Wash., April 30 – Public Service Co. of Oklahoma will redeem the entire outstanding $250 million principal amount of its 5.15% senior notes, series H, due Dec. 1, 2019, according to a company news release.

The notes will be redeemed on June 1 at par of $100 per note plus interest through the redemption date and the required make-whole premium.

The issuer is a Tulsa, Okla.-based public utility subsidiary of American Electric Power Co., Inc., which is a Columbus, Ohio-based electricity provider.

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