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BALTIMORE GAS AND ELECTRIC COMPANY SELLS NEW BONDS

 BALTIMORE, Oct. 18 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) has announced it sold $125 million of 5-1/2 percent First Refunding Mortgage Bonds due April 15, 2004, to Kidder, Peabody & Co. Incorporated, the Company's Chairman, Christian H. Poindexter, said today.
 The bonds were priced for reoffering to investors at 98.589 percent of principal amount to provide a 5.68 percent yield to maturity.
 The net proceeds from the financing will be used to meet capital requirements or for other general purposes relating to the Company's utility business.
 -0- 10/18/93
 /CONTACT: Arthur J. Slusark, director of public information, of Baltimore Gas and Electric, 410-234-7433/
 (BGE)


CO: Baltimore Gas and Electric Company ST: Maryland IN: UTI SU:

JM -- PH041 -- 3588 10/18/93 16:54 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
Words:129
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