In March, we issued $250 million of 30-year First Mortgage Bonds at 4-1/8%, the lowest rate for us in more than 50 years. The low cost of this issue allowed us to retire $70 million of higher cost loan term debt. We have also announced the plan call of $150 million, 6.1% series First Mortgage Bonds.We plan to utilize our low cost commercial paper to initially fund the call, which is scheduled for next week. In addition to funding CapEx we will continue to evaluate refinancing where make sense consistent with our target long-term capitalization.
Westar Energy's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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