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DETROIT EDISON TO REDEEM POLLUTION CONTROL REVENUE BONDS

 DETROIT EDISON TO REDEEM POLLUTION CONTROL REVENUE BONDS
 DETROIT, July 17 /PRNewswire/ -- Detroit Edison (NYSE: DTE) today


announced that it expects to redeem $35 million St. Clair County (Mich.) Pollution Control Revenue Bonds Series R-1982 on Nov. 1, 1992, and $65 million St. Clair County Pollution Control Revenue Bonds Series R-1983 on Nov. 1, 1993, both at 103 percent of the principal amount plus accrued interest.
 The utility intends to redeem the bonds with proceeds from the St. Clair County Economic Development Corporation Series 1992 DD for $35 million and Series 1993 AA for $65 million. Both issues will mature in August 2024.
 The new issues will be underwritten by Morgan Stanley & Co.
 -0- 7/17/92
 /CONTACT: Douglas B. Polkinghorne, 313-237-8809, or Lorie N. Kessler, 313-237-8807, both of Detroit Edison/
 (DTE) CO: The Detroit Edison Company ST: Michigan IN: UTI SU:


KR -- DE017 -- 0335 07/17/92 15:08 EDT
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Publication:PR Newswire
Date:Jul 17, 1992
Words:151
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