DQE Capital Corp., 8 3/8% Public Income Notes (PINES) due 2039 (DCA)
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Sector:
UTILITIES AND TELECOMMUNICATIONS
Industry:
UTILITIES - ELECTRIC
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DQE Capital Corp., 8 3/8% Public Income Notes (PINES) due 2039, issued in $25 denominations, unconditionally guaranteed by DQE, Inc. (NYSE: DQE), redeemable at the issuer's option on or after 9/16/2004 at $25 per share plus accrued and unpaid interest, maturing 9/15/2039, distributions are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on 2/28, 5/31, 8/31 & 11/30 respectively. The PINES are general unsecured, unsubordinated obligations of DQE Capital and will rank equally with all other unsecured and unsubordinated indebtedness of the Company. The PINES are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest.
All 13F Filers | Prior | Change | Hedge Funds 1 | Prior | Change |
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