OMAHA, Neb., March 19, 2015 /PRNewswire/ -- Union Pacific
Railroad Company announced today that it has determined the
contingent interest and sinking fund payments due in respect of
Available Net Income for 2014 under the terms of certain bonds and
debentures originally issued by the Missouri Pacific Railroad
Company (MPRR). Union Pacific Railroad Company is required to
publicly announce such annual determination. The bonds and
debentures were assumed by Union Pacific Railroad Company as a
result of the merger of MPRR with and into Union Pacific Railroad
Company on January 1, 1997.
On April 1, 2015, Union Pacific
Railroad Company will pay contingent interest ($4.75 per $100
principal amount) on each of the Missouri Pacific Railroad Company
4 ¾% General Mortgage Income Bonds Series A Due 2020 and the
Missouri Pacific Railroad Company 4 ¾% General Mortgage Income
Bonds Series B Due 2030. The Company will also on
April 1, 2015, make sinking fund
payments of $349,630 and $338,020, respectively, for the Series A and
Series B bonds. In addition, on April
1, 2014, Union Pacific Railroad Company will make contingent
interest payments ($5.00 per
$100 principal amount) for the
Missouri Pacific Railroad Company 5% Income Debentures Due
2045.
The close of business on March 27,
2015, has been established as the record date for
determining persons owning registered Bonds and Debentures without
coupons who are entitled to receive interest. Interest on
registered Bonds and Debentures without coupons will be paid by
check mailed to the registered holder, as of the record date, at
the address indicated in the Trustee's records.
A copy of the 2014 Available Net Income calculation is available
for inspection during regular business hours at the Trustee's
offices, The Bank of New York Mellon Trust Company, N.A., 2
North LaSalle, Suite 1020,
Chicago, IL 60602.
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SOURCE Union Pacific