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Article: Con Edison of New York to Redeem Debentures.
- Article from:
- PR Newswire
- Article date:
- September 19, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Sept. 19 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) announced that today it will call for redemption on October 20, 2006 all of its outstanding 7.50% Public Income NotES, (7.50% Debentures, Series 2001 A) . Con Edison of New York intends to use borrowed funds to finance the redemption. The redemption price is 100% of the principal amount together with interest accrued from October 1, 2006 to, but not including, October 20, 2006. The regular quarterly interest payment due October 1, 2006 will be paid in the usual manner to holders of record of the Debentures at the close of business on September 15, 2006.
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