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Metropolitan Edison calls $100 million of its 4.875% notes due 2014
By Tali David
Minneapolis, Dec. 2 - Metropolitan Edison Co. called $100 million of its 4.875% senior notes due April 1, 2014, according to a notice.
The bonds will be redeemed at the greater of par and a make-whole amount computed by reference to the Treasury rate plus 20 basis points on Dec. 26.
The Bank of New York Mellon Trust Co., NA is the trustee.
The electricity provider and subsidiary of FirstEnergy Corp. is based in Akron, Ohio.
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