Printer Friendly

INDIANA MICHIGAN POWER TO REDEEM PREFERRED STOCK

 COLUMBUS, Ohio, Jan. 13 /PRNewswire/ -- Indiana Michigan Power Company (I&M), formerly Indiana & Michigan Electric Company, today announced that it will redeem on February 13, 1994 all of the outstanding shares of its 7.76% cumulative preferred stock ($100 par value). This preferred stock will be redeemed at $102.28 per share plus a sum computed at the annual dividend rate of the series per share accrued from January 1 to the redemption date.
 Notice is expected to be mailed to shareowners of record on or before January 14, 1994. First Chicago Trust Company of New York is the redemption agent for this series of preferred stock.
 I&M, headquartered in Fort Wayne, Indiana, is an operating electric utility subsidiary of American Electric Power Company, Inc. (NYSE: AEP).
 -0- 1/13/94
 /CONTACT: Luke M. Feck, senior vice president, public affairs, of American Electric Power, 614-223-1650/
 (AEP)


CO: Indiana Michigan Power Company ST: Indiana IN: UTI SU:

BM-KL -- CL024 -- 1905 01/13/94 16:47 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 13, 1994
Words:166
Previous Article:FLORIDA WEST AIRLINES' REGISTRATION STATEMENT DECLARED EFFECTIVE BY SECURITIES AND EXCHANGE COMMISSION
Next Article:AAA WASHINGTON: SLIGHTLY HIGHER PRICES GREET THANKSGIVING HOLIDAY MOTORISTS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters