National Rural Utilities Cooperative Finance to redeem $9.07 million in InterNotes By Investing.com
Key Takeaways
- NRUC will redeem $9,067,000 aggregate principal amount of its InterNotes on November 15, 2025.
- The redemption is intended to reduce the company's overall interest expense.
- Payment will be made at par value plus accrued interest using cash on hand.
- The company filed the required notice with the Securities and Exchange Commission (SEC).
- NRUC is headquartered in Dulles, Virginia, and is incorporated in the District of Columbia.
National Rural Utilities Cooperative Finance Corporation (NYSE:NRUC) issued a formal notice regarding the upcoming redemption of $9,067,000 principal amount of its InterNotes, scheduled for November 15, 2025. This announcement was made via a statement filed with the Securities and Exchange Commission, listing several specific CUSIP numbers for the notes involved. The redemption price will be the par value plus any accrued interest, and the stated motivation for this financial maneuver is to achieve a reduction in the company's interest expense. Payment for the principal and interest will be funded using the company's existing cash reserves. NRUC, headquartered in Dulles, Virginia, also has other securities listed on the NYSE, including 7.35% Collateral Trust Bonds due 2026 and 5.50% Subordinated Notes due 2064. The article concludes with promotional material for Investing.com's ProPicks AI service.
