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BALTIMORE GAS AND ELECTRIC COMPANY SELLS NEW BONDS

 BALTIMORE, July 20 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) sold $125 million of 5 1/2 percent First Refunding Mortgage Bonds due July 15, 2000, to Citicorp Securities, Inc., the company's President, Edward A. Crooke, said today.
 The bonds were priced for reoffering to investors at 98.732 percent of principal amount to provide a 5.723 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- 7/20/93
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE)


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

JM -- PH028 -- 3458 07/20/93 14:41 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
Words:121
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