Gulf Power announces redemption of Series H 5.25% due July 15, 2033

PENSACOLA, Fla., June 19, 2013 /PRNewswire/ -- Gulf Power Company today announced the redemption on July 19, 2013, of $30 million aggregate principal amount of its Series H 5.25% Senior Notes due July 15, 2033.

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The redemption price for the 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 June 19, 2013.  The Bank of New York Mellon is located at 101 Barclay Street, 1st Floor East, New York, New York 10286.

Gulf Power Company is an investor-owned electric utility with all of its common stock owned by Atlanta-based Southern Company. Gulf Power serves more than 430,000 customers in eight counties throughout Northwest Florida. The company's mission is to safely provide exceptional customer value by delivering reliable, affordable and environmentally responsible electricity while strengthening our communities. Visit online at GulfPower.com or on the company's Facebook page, "Gulf Power Company."

 

SOURCE Gulf Power

For further information: Jeff Rogers, Corporate Communications Manager, 850-444-6243, cell 850-572-5511, jerogers@southernco.com, or Natalie Smith, Communications Specialist - Media Relations, 850-444-6784, cell 850-375-6123, ncsmith@southernco.com