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TXU Corp. Announces Intent to Redeem Existing Preference Stock, Expected To Be Funded Ultimately With New Preference Security Issuance.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS, May 26 /PRNewswire-FirstCall/ -- TXU Corp. announced today its intention to redeem all $300 million aggregate liquidation amount of the Flexible Money Market Cumulative Preference Stock (MMP(R)), Series B at a redemption price equal to $100,000 per share plus accumulated and unpaid dividends to the redemption date. The redemption date will be June 15, 2005.

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