On November 17, 2005, Alabama Gas Corporation ("Company") provided notice to The Bank of New York Trust Company, N.A., as successor to NationsBank of Georgia, National Association, as trustee, that the Company will voluntarily redeem a portion of the Medium-Term Notes, Series A, and the Insured AAA Notes issued pursuant to the Alabama Gas Corporation Indenture dated as of November 1, 1993. The Company elected to redeem the following notes: - Alabama Gas Corporation Medium-Term Notes, Series A, CUSIP # 01028QAMO in the principal amount of $1,000,000 with an original issue date of June 20, 1995, a stated maturity date of June 15, 2015, and an annual interest rate of 7.55%. Callable after 10 years with payment of a premium of 3.775% declining pro-rata annually to 16 years when no premium is required.
- Alabama Gas Corporation Medium-Term Notes, Series A, CUSIP # 01028QAN8 in the principal amount of $1,000,000 with an original issue date of June 23, 1995, a stated maturity date of June 23, 2015, and an annual interest rate of 7.55%. Callable after 10 years with payment of a premium of 3.775% declining pro rata annually to 16 years when no premium is required.
- Alabama Gas Corporation Medium-Term Notes, Series A, CUSIP # 01028QAL2 in the principal amount of $10,000,000 with an original issue date of June 20, 1995, a stated maturity date of June 20, 2025, and an annual interest rate of 7.70%. Callable after 10 years with payment of a premium of 3.85% declining pro-rata annually to 20 years when no premium is required.
- Alabama Gas Corporation Medium-Term Notes, Series A, CUSIP # 01028QAQ1 in the principal amount of $5,000,000 with an original issue date of June 27, 1995, a stated maturity date of June 27, 2025, and an annual interest rate of 7.58%. Callable after 10 years with payment of a premium of 3.79% declining pro-rata annually to 20 years when no premium is required.
- Alabama Gas Corporation Insured AAA Notes, CUSIP # 010284AH0 in the principal amount of $39,665,000 with an original issue date of August 30, 2001, a stated maturity date of September 1, 2016, and an annual interest rate of 6.250%. Callable on or after September 1, 2004 without any premium or penalty.
The redemption date will be December 19, 2005 for all of the described notes. |