AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes
20 November 2009 - 4:51PM
PR Newswire (US)
COLUMBUS, Ohio, Nov. 20 /PRNewswire-FirstCall/ -- Public Service
Company of Oklahoma, a public utility subsidiary of American
Electric Power (NYSE: AEP), today announced that on December 21,
2009, it will redeem the entire outstanding $150,000,000 principal
amount of unsecured 4.85% Senior Notes, Series C, due September 15,
2010, at a redemption price equal to 100% of the principal amount,
plus accrued interest thereon to the date of redemption, and a
make-whole premium which will be determined three business days
prior to the redemption date. Notice of the redemption is expected
to be mailed November 20, 2009. The redemption is in accordance
with the terms of the indenture under which the Senior Notes were
issued. The Bank of New York Mellon is the redemption agent and
trustee. DATASOURCE: American Electric Power CONTACT: MEDIA: Pat D.
Hemlepp, Director, Corporate Media Relations, +1-614-716-1620, or
ANALYSTS: Julie Sherwood, Director, Investor Relations,
+1-614-716-2663, both for American Electric Power Web Site:
http://www.aep.com/
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