|
Yorkshire Capital Trust I, 8.08% Trust Securities
Ticker Symbol: YCT* CUSIP: 98719V206 Exchange: NYSE
* NOTE: This security is no longer trading as of 6/09/2003
Security has been Called for: Monday, June 9, 2003
April 23, 2003 MidAmerican Energy Holdings Company announced today that the board of directors of its indirect wholly owned subsidiary Yorkshire Power Group Limited has authorized the redemption in full of the outstanding shares of the Yorkshire Capital Trust I (NYSE: YCT) 8.08% Trust Securities due June 30, 2038. The Trust Securities will be redeemed on June 9, 2003, at a redemption price of 100% of the principal amount ($25 liquidation amount per each Trust Security) plus accrued distributions of $0.381555555 per Trust Security to the redemption date. The redemption price will be paid to holders of the Trust Security on the redemption date.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Yorkshire Capital Trust I, 8.08% Trust Securities, liquidation amount $25.00, guaranteed by Yorkshire Power Group Ltd, an English company indirectly owned by American Electric Power Co. Inc. (NYSE: AEP) and New Century Energies, Inc., redeemable at the issuer's option on or after 6/09/2003 at $25 per share plus accrued dividends, maturing 6/30/2038, distributions are paid quarterly on 3/31, 6/30, 9/30 & 12/31. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (see prospectus for details). The trust will use their funds from the sale of the preferred securities to purchase from the company the 8.08% Junior Subordinated Deferrable Interest Debentures, Series A due 6/30/2038.
|
Go to Parent Company's Record (AEP)
IPO - 6/4/1998 - 11.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $274.0 Million
|
Company's Online Information Links
|
| 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
|
614-716-2819
|
| Toll Free Phone Number |
800-237-2667 |
| CEO - Michael G. Morris |
CFO - Brian X. Tierney |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
