CFC Announces Redemption of Quarterly Capital Income Securities, Series NRX 'QUICS'; Redemption date is October 15, 2003.Business Editors HERNDON, Va.--(BUSINESS WIRE)--Sept. 5, 2003 National Rural Utilities Cooperative Finance Corporation (NYSE NYSE See: New York Stock Exchange :NRUC) today announced that it will redeem its entire issue of National Rural Utilities Quarterly Income Capital Securities, Series NRX NRx New Prescription NRX Nuclear Rocket Experiment NRX National Research Experimental Research Reactor (Chalk River Labs in Canada) (QUICS QUICS Quarterly Income Capital Securities ) at par. The QUICS are identified by the ticker symbol NRX and CUSIP number 637432402. The redemption date is October 15, 2003, and the redemption agent will be DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). . The redemption price per share is $25.00 plus accrued interest of $0.153646. The principal amount of the entire series is $200 million. The principal and accrued interest to the redemption date will be paid from the Company's available cash. CFC CFC See: Controlled foreign corporation is a not-for-profit finance cooperative that serves the nation's more than 1,000 electric cooperatives and their subsidiaries. With more than $20 billion in assets, CFC provides its member-owners with an assured source of low-cost capital and state-of-the-art financial products and services. |
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