CFC Announces Redemption of Quarterly Capital Income Securities, Series NRX 'QUICS'; Redemption date is October 15, 2003.Business Editors HERNDON, Va.--(BUSINESS WIRE)--Sept. 8, 2003 National Rural Utilities Cooperative Finance Corporation (NYSE NYSE See: New York Stock Exchange :NRX NRx New Prescription NRX Nuclear Rocket Experiment NRX National Research Experimental Research Reactor (Chalk River Labs in Canada) ) today announced that it will redeem its entire issue of National Rural Utilities Quarterly Income Capital Securities, Series NRX (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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