Sierra Pacific says tender offer for mortgage notes due 2037 has expired
By APTuesday, December 22, 2009
Sierra Pacific says tender offer has expired
LAS VEGAS — Sierra Pacific Power Co. said Tuesday that a tender offer has expired for its 6.75 percent general and refunding mortgage notes due 2037.
Nearly $73.3 million of the notes were validly tendered, Sierra Pacific said.
Those who tendered their notes before Dec. 7 will receive $1,012.15 per $1,000 principal amount of the notes, which includes accrued interest. Those who tendered their notes after the early tender date will receive $1,062.15 per $1,000 principal amount.
Sierra Pacific is owned by NV Energy Inc.
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