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Indiana Michigan Power Co., 6.00% Senior Notes, Series D due 12/31/2032
Ticker Symbol: IJD* CUSIP: 454889775 Exchange: NYSE
* NOTE: This security is no longer trading as of 10/15/2010
Security has been Called for: Friday, October 15, 2010
Sept. 15, 2010 -- Indiana Michigan Power Co., a public utility subsidiary of American Electric Power, today announced that on Oct. 15, 2010, it will redeem the entire outstanding $150,000,000 principal amount of its 6.0% Senior Notes, Series D, due 2032 (NYSE:IJD). The notes will be redeemed at 100% of the principal amount outstanding (at par value of $25 per Senior Note) plus interest through the date of redemption. Interest payable on Sept. 30, 2010, will be paid in the usual manner.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Indiana Michigan Power Co., 6% Senior Notes, Series D, due 2032, issued in $25 denominations, redeemable at the issuer's option on or after 11/22/2007 at $25 per share plus accrued and unpaid interest, maturing 12/31/2032, distributions are paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the close of business on the business day prior to the payment date. Payment of the principal of and interest on the Senior Notes when due is insured by a financial guaranty insurance policy issued by Ambac Assurance Corporation. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. See the IPO prospectus for further information on the notes by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (AEP)
IPO - 11/20/2002 - 6.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $150.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1 Riverside Plaza, 28th Floor, Columbus, OH 43215 |
| Main Phone Number |
614-716-1000 |
| Fax Number |
614-716-1823 |
| Investor Relations
Kathleen Kozero
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614-716-2819
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| Toll Free Phone Number |
800-237-2667 |
| CEO - Michael G. Morris |
CFO - Brian X. Tierney |
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