CH Energy Group, Inc. : Central Hudson to Redeem Preferred Stock
15 Fevereiro 2013 - 6:55PM
News Release
February 15, 2013
For Release: Immediately
Contact: John Maserjian, (845) 471-8323
Central
Hudson to Redeem Preferred Stock
(POUGHKEEPSIE, N.Y.) Central
Hudson Gas & Electric Corporation has called for the redemption
of its two outstanding series of preferred stock to occur on March
21, 2013.
Registered holders of 4 1/2% Cumulative Preferred Stock (4.50
percent) will receive $107.00 per share, plus accrued and unpaid
dividends to the redemption date in the amount of $1.00 per share,
for a total redemption price of $108.00 per share. Registered
holders of 4.75% Cumulative Preferred Stock (4.75 percent) will
receive $106.75 per share, plus accrued and unpaid dividends to the
redemption date in the amount of $1.056 per share, for a total
redemption price of $107.806 per share.
Computershare Trust Company, N.A. will serve as the Redemption
Agent and will provide each registered holder with a Letter of
Transmittal that includes redemption instructions. For assistance,
holders should contact Computershare at 800-546-5141.
# # #
About Central Hudson
Central Hudson Gas &
Electric Corporation is a regulated transmission and
distribution utility company, serving approximately 300,000
electric and 75,000 natural gas customers in eight counties of New
York State's Mid-Hudson River Valley, delivering natural gas and
electricity in a 2,600-square-mile service territory that extends
north from the suburbs of metropolitan New York City to the Capital
District at Albany. Central Hudson is a wholly owned subsidiary of CH
Energy Group, Inc., predominantly an energy delivery company
headquartered in Poughkeepsie, NY.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: CH Energy Group, Inc. via Thomson Reuters ONE
HUG#1678804
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