Tender Offer for Preferred Stock of Central Maine Power Company
NEW GLOUCESTER, Maine, Nov. 16, 2012 /PRNewswire/ -- CMP Group, Inc. ("CMP Group"), the owner of all of the outstanding common stock of Central Maine Power Company ("CMP" or the "Company") and a wholly-owned subsidiary of Iberdrola USA, Inc. ("Iberdrola USA"), today announced the preliminary results of its tender offer for the CMP Preferred Stock listed below that expired at 5 p.m. New York City time on November 15, 2012.
Series |
CUSIP No. |
Number of Shares Tendered |
6% Preferred Stock |
154051403 |
426 |
Holders of shares validly tendered prior to the Expiration Date will receive $110.00 (One Hundred Ten Dollars) per share plus an amount equal to any accrued but unpaid dividends, up to but not including the settlement date.
About CMP Group: CMP Group, Inc. is a wholly-owned subsidiary of Iberdrola USA, Inc., and the owner of all of the outstanding common stock of Central Maine Power Company.
About Iberdrola USA: Iberdrola USA, a subsidiary of global energy leader Iberdrola, S.A., is an energy services and delivery company serving about 2.7 million customers throughout upstate New York and New England. For more information about Iberdrola USA, visit www.iberdrolausa.com.
SOURCE CMP Group, Inc.
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