PENSACOLA, Fla., May 21, 2012 /PRNewswire/ -- Gulf Power
Company today announced the planned partial redemption on
June 20, 2012, of $30 million aggregate principal amount of its
Series H 5.25% Senior Notes due July 15,
2033.
The redemption price for the partial redemption of the Series H
5.25% Senior Notes due July 15, 2033
(NYSE Symbol: GUL) will be 100% of the principal amount thereof
($25 per senior note), plus accrued
and unpaid interest to the date of redemption.
As trustee, The Bank of New York Mellon is expected to notify
each registered holder by first class mail on or about May 21, 2012. The Bank of New York Mellon
is located at 101 Barclay Street, 1st Floor East, New York,
New York 10286.
Gulf Power is a subsidiary of Southern Company, one of the
nation's largest generators of electricity. The company is an
investor-owned, tax-paying utility, serving 71 towns and
communities in Northwest
Florida.
SOURCE Gulf Power Company