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Dominion Resources to redeem all $685 million of 2009 A junior notes
By Tali Rackner
Norfolk, Va., Sept. 24 – Dominion Resources, Inc. called all $685 million of its 8.375% enhanced junior subordinated 2009 series A notes, according to a press release.
The notes will be redeemed on Oct. 15 at par plus accrued interest of $0.17 per $25.00 up to, but not including, the redemption date.
Proceeds from a new notes offering will be used to fund the redemption.
Deutsche Bank Trust Co., America is the paying agent.
Dominion is a Richmond, Va.-based energy company.
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