UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 16, 2012

CH ENERGY GROUP, INC.
 
CENTRAL HUDSON GAS & ELECTRIC CORPORATION
(Exact name of registrant as specified in its charter)
 
 
 
Commission
File Number
Registrant, State of Incorporation           
Address and Telephone Number
 
IRS Employer
Identification No.    
 
  0-30512
CH Energy Group, Inc.
(Incorporated in New York)
284 South Avenue
Poughkeepsie, NY 12601-4839
(845) 452-2000
 
14-1804460  
  1-3268                                           
Central Hudson Gas & Electric Corporation                                      
(Incorporated in New York)
284 South Avenue
Poughkeepsie, NY 12601-4839
(845) 452-2000
                                                  
14-0555980  
 
Not applicable
(Former name and former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
 o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
 o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
 o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
 
Item 2.03                 Creation of a Direct Financial Obligation
 
On April 16, 2012, Central Hudson Gas & Electric Corporation, a subsidiary of CH Energy Group, Inc., called for redemption, effective May 18, 2012, all 60,000 outstanding shares of its Cumulative Preferred Stock, Series D and all 60,000 outstanding shares of its 4.96% Cumulative Preferred Stock, Series E.  The Cumulative Preferred Stock, Series D has a redemption price of $102.00 per share and accrued dividends of $0.57 per share. The 4.96% Cumulative Preferred Stock, Series E has a redemption price of $101.00 per share and accrued dividends of $0.65 per share. The aggregate amount payable is $12,253,200.
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.
 
  CH ENERGY GROUP, INC.  
       
Date: April 17, 2012
By:
/s/ Kimberly J. Wright  
    Kimberly J. Wright  
    Vice President - Accounting and Controller  
       
 
  CENTRAL HUDSON GAS & ELECTRIC CORPORATION  
       
Date: April 17, 2012
By:
/s/ Kimberly J. Wright  
    Kimberly J. Wright  
    Controller  
       

 
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