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BALTIMORE GAS AND ELECTRIC SELLS NEW BONDS

BALTIMORE GAS AND ELECTRIC SELLS NEW BONDS
 BALTIMORE, July 7 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) sold $125 million of 7-1/4 percent First Refunding Mortgage Bonds due July 1, 2002, to Salomon Brothers Inc., the company's board chairman, George V. McGowan, said today.
 The bonds were priced for reoffering to investors at 99.926 percent of principal amount to provide a 7.26 percent yield to maturity.
 The net proceeds from the financing will be used to meet capital requirements or for other general corporate purposes relating to the company's utility business.
 -0- 07/07/92
 CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433
 (BGE) CO: BALTIMORE GAS AND ELECTRIC COMPANY IN: UTI ST: MD -- PH026 -- X834 07/07/92
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Publication:PR Newswire
Date:Jul 7, 1992
Words:125
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