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PUGET SOUND POWER & LIGHT ANNOUNCES REDEMPTION OF BONDS

 BELLEVUE, Wash., Feb. 5 /PRNewswire/ -- Puget Sound Power & Light Co. (NYSE: PSD) today announced that redemption notices have been mailed to holders of the company's 7.5-percent and 7.75-percent first mortgage bonds due Feb. 1, 1999, and Oct. 1, 2002, respectively.
 The redemption date for both series is March 8, 1993, with interest accruing through March 7, 1993.
 Redemption on the 7-1/2-percent bonds will be made at 101.40 percent of the principal amount of the bonds. Redemption on the 7-3/4-percent bonds will be made at 100.21 percent of the principal amount of the bonds.
 -0- 2/5/93
 /CONTACT: William J. Fritz of Puget Sound Power & Light, 206-462-3208/
 (PSD)


CO: Puget Sound Power & Light Co. ST: Washington IN: UTI SU:

LM-SW -- SE010 -- 3647 02/05/93 15:42 EST
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Publication:PR Newswire
Date:Feb 5, 1993
Words:134
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