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CASCADE NATURAL GAS ANNOUNCES PUBLIC OFFERING

 SEATTLE, June 22 /PRNewswire/ -- Cascade Natural Gas Corp. (NYSE: CGC) announced today the public offering of 500,000 shares of its common stock at $26.125 per share. The managing underwriters for the offering are Edward D. Jones & Co. and Ragen MacKenzie Inc.
 Cascade Natural Gas Corp. is a local gas distribution utility with operations in the states of Washington and Oregon, currently serving over 125,000 customers in 90 communities in the two states.
 The net proceeds of the offering will be used to repay short-term debt incurred in connection with Cascade's capital construction program.
 This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A copy of the prospectus may be obtained from Donald E. Bennett, executive vice president and chief financial officer, 222 Fairview Avenue North, Seattle, WA 98109.
 -0- 6/22/93
 /CONTACT: Donald E. Bennett, executive vice president and chief financial officer, of Cascade Natural Gas, 206-624-3900, ext. 3103/
 (CGC)


CO: Cascade Natural Gas Corp. ST: Washington IN: UTI SU: OFR

JH -- SE007 -- 4652 06/22/93 15:07 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
Words:217
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