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DUQUESNE LIGHT TO REDEEM BONDS

 PITTSBURGH, Feb. 24 /PRNewswire/ -- Duquesne Light Company announced today that it will redeem its 8-5/8 percent series of First Mortgage Bonds due April 1, 2004, on April 1, 1993, pursuant to the provisions of the Trust Indenture dated as of Aug. 1, 1947, as supplemented, between Duquesne Light Company and Mellon Bank, N.A., as trustee.
 The company will redeem all of the $43.7 million in outstanding bonds of the 8-5/8 percent series (CUSIP Number 266228 AY1) at 102.70 percent of principal amount.
 A copy of the notice of redemption may be obtained by calling the Duquesne Light Bondholder Relations Department at 412-393-6167, or 1-800-247-0400.
 -0- 2/24/93
 /CONTACT: Dennis E. O'Neil, general manager, public affairs of Duquesne Light, 412-393-4060/


CO: Duquesne Light Company ST: Pennsylvania IN: SU:

JS-MJ -- PG002 -- 9741 02/24/93 08:29 EST
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Publication:PR Newswire
Date:Feb 24, 1993
Words:142
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