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BALTIMORE GAS AND ELECTRIC COMPANY 9-3/8 PERCENT FIRST REFUNDING MORTGAGE BONDS; PARTIAL CALL FOR SINKING FUND REDEMPTION

BALTIMORE GAS AND ELECTRIC COMPANY 9-3/8 PERCENT FIRST REFUNDING
 MORTGAGE BONDS; PARTIAL CALL FOR SINKING FUND REDEMPTION
 BALTIMORE, July 28 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) announced today a partial call for sinking fund redemption of $17,277,000 of its 9-3/8 percent Series due July 1, 2008, First Refunding Mortgage Bonds.
 This call for sinking fund redemption will be made by Bankers Trust Company, trustee, pursuant to the sinking fund provisions of the company's First Refunding Mortgage. Those 9-3/8 percent Series Bonds called for the sinking fund will be redeemed on Sept. 16, 1992 at 100 percent of principal amount, plus accrued interest from July 1, 1992, to, but not including, Sept. 16, 1992.
 The transfer books for the 9-3/8 percent Series will be closed for the period beginning the close of business on Aug. 7, 1992, to the opening of business on Aug. 17, to permit the random selection by lot by the trustee of 9-3/8 percent Series Bonds for the sinking fund redemption. The transfer books will be closed permanently on those bonds selected for the Sept. 16, 1992, sinking fund redemption as of Aug. 7.
 Bondholders whose 9-3/8 percent Series Bonds are selected for the sinking fund redemption will receive a Notice of Redemption which will be mailed to them by the trustee on Aug. 17. Bonds selected for sinking fund redemption may be presented in person to Bankers Trust Company, Corporate Trust and Agency Group, Security Services Division, at 123 Washington St., 1st Floor, New York, N.Y. 10006 or by mail to Bankers Trust Company, Corporate Trust and Agency Group, Security Services Division, Post Office Box 2579, Church Street Station, New York, N.Y. 10008. Bonds may also be presented in person to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, 2 Hopkins Plaza - G Level, Baltimore, Md. 21201 or by mail to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, Post Office Box 2258, Baltimore, Md. 21203.
 -0- 7/28/92
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE) CO: Baltimore Gas and Electric Company ST: Maryland IN: UTI SU:


MJ-JS -- PH032 -- 4241 07/28/92 16:26 EDT
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Publication:PR Newswire
Date:Jul 28, 1992
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