Par Call definition

Par Call. Redeemable at any time on or after the Par Call Date in an amount equal to the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the redemption date.

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Par Call. On or after April 1, 2030

Par Call. On or after the Par Call Date, the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but excluding, the redemption date.

Examples of Par Call in a sentence

• On or after the Par Call Date, the Company may, at its option, redeem the Notes, in whole or in part, at a Redemption Price equal to 100% of the aggregate principal amount of the Notes being redeemed, plus accrued and unpaid interest, if any, on the Notes being redeemed to, but excluding, the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on any Interest Payment Date that is on or prior to the Redemption Date).

• If the Company redeems the Securities on or after the First Par Call Date, the Company will pay a redemption price equal to 100% of the principal amount of the Securities to be redeemed plus accrued interest to the redemption date.

• On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of each Note to be redeemed plus accrued and unpaid interest on the Notes to be redeemed to, but not including, such Redemption Date.

• In the case of any redemption with a Redemption Date on or after the Applicable Par Call Date, the Redemption Price will equal 100% of the aggregate principal amount of the Notes to be redeemed, plus accrued interest thereon to, but not including, the Redemption Date.

• The Company may also, at its option, redeem the Securities of this series as a whole or in part at any time and from time to time on or after the Par Call Date upon not less than ten (10) nor more than sixty (60) days’ prior notice at a redemption price equal to 100% of the principal amount of the Securities being redeemed, plus accrued and unpaid interest on the principal amount being redeemed to (but excluding) the Redemption Date.

More Definitions of Par Call

Par Call. On or after the Par Call Date, the Issuer may redeem the First Mortgage Bonds at its option, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the First Mortgage Bonds being redeemed, plus accrued and unpaid interest thereon to, but excluding, the redemption date. CUSIP / ISIN: 84859D AC1 / US84859DAC11 Book-Running Managers: BMO Capital Markets Corp. TD Securities (USA) LLC U.S. Bancorp Investments, Inc. ▇▇▇▇▇ Fargo Securities, LLC Mizuho Securities USA LLC Regions Securities LLC Co-Managers: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ & Company, Inc. Academy Securities, Inc. ▇.▇. ▇▇▇▇ & Associates, Inc. The issuer has filed a registration statement (including a prospectus), as amended, with the SEC for the offering to which this communication relates (File No. 333-264799-01). Before you invest, you should read the preliminary prospectus supplement and the accompanying prospectus and other documents the issuer has filed with the SEC for more complete information about the issuer and the offering. You may get these documents for free by visiting ▇▇▇▇▇ on the SEC website at ▇▇▇.▇▇▇.▇▇▇. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the accompanying preliminary prospectus supplement if you request them by calling: BMO Capital Markets Corp. toll-free at ▇-▇▇▇-▇▇▇-▇▇▇▇; TD Securities (USA) LLC toll-free at ▇-▇▇▇-▇▇▇-▇▇▇▇; U.S. Bancorp Investments, Inc. toll-free at ▇-▇▇▇-▇▇▇-▇▇▇▇; or ▇▇▇▇▇ Fargo Securities, LLC toll-free at ▇-▇▇▇-▇▇▇-▇▇▇▇. This communication should be read in conjunction with the preliminary prospectus supplement and the accompanying prospectus. The information in this communication supersedes the information in the preliminary prospectus supplement and the accompanying prospectus to the extent inconsistent with the information therein.

Par Call. On or after February 15, 2032 (two months prior to their maturity), at 100% of the principal amount, plus accrued and unpaid interest thereon to, but not including, the redemption date. CUSIP: ▇▇▇▇▇▇▇▇▇ ISIN: US704326AB35

Par Call. On or after the Par Call Date, the Bonds will be redeemable at a redemption price equal to 100% of the principal amount of the Bonds being redeemed, plus accrued and unpaid interest to the Redemption Date. CUSIP / ISIN: 69351U BD4 / US69351UBD46 Joint Book-Running Managers: Barclays Capital Inc. Mizuho Securities USA LLC PNC Capital Markets LLC RBC Capital Markets, LLC Co-Managers: Huntington Securities, Inc. Regions Securities LLC SMBC Nikko Securities America, Inc. WauBank Securities LLC AmeriVet Securities, Inc. ▇▇▇▇▇▇▇▇ Financial Group, Inc. ▇▇▇▇▇▇▇ & ▇▇▇▇, Inc. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., LLC Expected Ratings:** Intentionally Omitted * Under Rule 15c6-1 under the Exchange Act, trades in the secondary market are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Bonds on the date hereof or the next succeeding business day will be required, by virtue of the fact that the Bonds initially will settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the Bonds who wish to trade the Bonds on the date hereof or the next succeeding business day should consult their advisors. **Note: Each security rating agency has its own methodology for assigning ratings. Security ratings are not recommendations to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Capitalized terms used and not defined herein have the meanings assigned in the Issuer’s Preliminary Prospectus Supplement, dated August 6, 2025. The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting ▇▇▇▇▇ on the SEC Web site at ▇▇▇.▇▇▇.▇▇▇. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at (888) 603- 5847, Mizuho Securities USA LLC toll-free at (▇▇▇) ▇▇▇-▇▇▇▇, PNC Capital Markets LLC toll-free at (▇▇▇) ▇▇▇-▇▇▇▇ or RBC Capital Markets, LLC toll free at (▇▇▇) ▇▇▇-▇▇▇▇.

Par Call. On or after January 15, 2020 On or after November 15, 2024 On or after August 15, 2044

Par Call. If the Notes are redeemed on or after January 1, 2036, the Issuer will pay a redemption price equal to 100% of the principal amount of the Notes redeemed plus accrued interest to the date of redemption.

Par Call. On or after February 1, 2023 Benchmark Treasury: 1.000% UST due December 15, 2024 Benchmark Treasury Price and Yield: 99-15⅛; 1.184% Spread to Benchmark Treasury: +62.5 basis points Yield to Maturity: 1.809% Price to Public (Issue Price): 99.973% of principal amount CUSIP / ISIN: 835495 AM4 / US835495AM47 Title of Securities: 2.250% Notes due 2027 (the “2027 Notes”) Aggregate Principal Amount Offered: $300,000,000 Coupon (Interest Rate): 2.250% per annum Maturity Date: February 1, 2027

Par Call. On or after December 16, 2031, at 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest thereon to the redemption date.