April 6, 2018 / 8:27 PM / 19 days ago

BRIEF-Union Pacific Co Redeemed $155 Mln Of Debentures & Mortgage Bonds Bought By Co's Unit In 1982 Acquisition Of Missouri Pacific Railroad

April 6 (Reuters) - Union Pacific Corp:

* ON MARCH 15, CO REDEEMED $155 MILLION OF DEBENTURES & MORTGAGE BONDS BOUGHT BY CO’S UNIT IN 1982 ACQUISITION OF MISSOURI PACIFIC RAILROAD

* UNION PACIFIC SAYS REDEMPTION RESULTED IN AN EARLY-EXTINGUISHMENT, NON-CASH, PRE-TAX CHARGE OF $85 MILLION - SEC FILING

* $85 MILLION CHARGE WILL BE RECORDED AS A REDUCTION IN OTHER INCOME & WILL HAVE ABOUT 8 CENT IMPACT ON CO'S EARNINGS PER SHARE IN Q1 2018 Source text: [bit.ly/2GB9ekm] Further company coverage:

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