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BALTIMORE GAS AND ELECTRIC ANNOUNCES PUBLIC OFFERING OF COMMON STOCK

BALTIMORE GAS AND ELECTRIC ANNOUNCES PUBLIC OFFERING OF COMMON STOCK
 BALTIMORE, Jan. 23 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) today announced a public offering of 4.5 million shares of common stock.
 The offering will be managed by Merrill Lynch & Co., Alex Brown & Sons Inc. and Legg Mason Wood Walker Inc., according to George V. McGowan, chairman of the board.
 The net proceeds from the offering will be used by the company to meet capital requirements or for other general corporate purposes relating to the company's utility business, including the repayment of short-term borrowings.
 -0- 1/23/92
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE) CO: Baltimore Gas and Electric Company ST: Maryland IN: UTI SU: OFR


MP-KA -- PH030 -- 2864 01/23/92 13:51 EST
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Publication:PR Newswire
Date:Jan 23, 1992
Words:132
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