Alabama Power Announces Planned Redemption of Senior Notes
April 05 2004 - 6:36PM
PR Newswire (US)
Alabama Power Announces Planned Redemption of Senior Notes
BIRMINGHAM, Ala., April 5 /PRNewswire-FirstCall/ -- Alabama Power
Company plans to redeem all of the Company's outstanding
$200,000,000 Series J 6.75% Senior Notes due June 30, 2039 (Cusip
No.: 010392587) on May 26, 2004 at a redemption price equal to 100%
of the principal amount ($25) plus any accrued and unpaid interest
to the date of redemption. J.P. Morgan Chase Bank as trustee will
notify holders of the Series J Senior Notes to be redeemed at least
30 days prior to the redemption date. Alabama Power, a subsidiary
of Atlanta-based Southern Company (NYSE:SO), provides reliable,
affordable electricity to more than 1.3 million customers across
the state. DATASOURCE: Alabama Power Company CONTACT: Carrie
Kurlander of Alabama Power Company, +1-205-257-4155, or Web site:
http://www.southernco.com/
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