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DUQUESNE LIGHT TO REDEEM ITS FIRST MORTGAGE BONDS

 DUQUESNE LIGHT TO REDEEM ITS FIRST MORTGAGE BONDS
 PITTSBURGH, June 18 /PRNewswire/ -- Duquesne Light Company will


redeem its First Mortgage Bonds 10.125 percent series due Feb. 1, 2009, it was announced today.
 The redemption on July 21, 1992 will be at a price equal to 105.47 percent of the principal amount of the bonds.
 From and after July 21, 1992, interest on the bonds will cease to accrue. The holders will receive a separate check for accrued interest with their check for the amount of principal. The bonds should be presented for payment at Duquesne Light Company, Bondholder Relations Department 17-5, One Oxford Centre, Pittsburgh, Pa. 15279, or at Mellon Securities Trust Company, 120 Broadway, 33rd Floor, New York, N.Y. 10271 on or after the redemption date.
 -0- 6/18/92
 /CONTACT: Edward H. Sehon of Duquesne Light, 412-393-6058/
 (DQE) CO: Duquesne Light Company ST: Pennsylvania IN: UTI OIL SU:


CD -- PG008 -- 1477 06/18/92 11:40 EDT
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Publication:PR Newswire
Date:Jun 18, 1992
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