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SCANA CORPORATION FILES REGISTRATION STATEMENT TO ISSUE COMMON STOCK

 SCANA CORPORATION FILES REGISTRATION STATEMENT TO ISSUE COMMON STOCK
 COLUMBIA, S.C., Nov. 2 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) filed a registration statement in Oct. 30, 1992 with the Securities and Exchange Commission for the proposed public offering of 2 million shares of its common stock. The offering will be made to the public through a group of underwriters co-managed by PaineWebber Incorporated, The First Boston Corporation and The Robinson-Humphrey Company, Inc. The Company has granted the underwriters an option to purchase up to an additional 300,000 shares to cover over-allotments, if any. The net proceeds from the sale of the common stock will be contributed by the Company to the common stock equity of South Carolina Electric & Gas Company (SCE&G), its principal subsidiary, and used by SCE&G for general corporate purposes, including the financing of its construction program and the reduction of short-term indebtedness incurred for such purposes.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 SCANA Corporation, headquartered in Columbia, S.C., is an energy- based holding company which, through subsidiaries, engages in regulated electric and natural gas utility businesses and other non-regulated businesses.
 -0- 11/2/92
 /CONTACT: H. John Winn, III, Manager, Investor Relations, SCANA Corporation, 803-748-3240/
 (SCG) CO: SCANA Corporation ST: South Carolina IN: UTI SU: OFR


MM -- CH003 -- 1453 11/02/92 09:55 EST
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Publication:PR Newswire
Date:Nov 2, 1992
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