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BALTIMORE GAS AND ELECTRIC COMPANY SELLS NEW BONDS

 BALTIMORE, June 24 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) (BG&E) sold $125 million of 6-1/8 percent First Refunding Mortgage Bonds due July 1, 2003, to Citicorp Securities Markets, Inc., the company's Board Chairman Christian H. Poindexter said today.
 The bonds were priced for reoffering to investors at 98.827 percent of principal amount to provide a 6.285 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- 6/24/93
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE)


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

MK -- PH020 -- 5399 06/24/93 15:16 EDT
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Publication:PR Newswire
Date:Jun 24, 1993
Words:125
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