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DUQUESNE LIGHT TO REDEEM TWO SERIES OF FIRST MORTGAGE BONDS

 PITTSBURGH, June 18 /PRNewswire/ -- Duquesne Light Company announced today that it is redeeming two series of first mortgage bonds on July 20, 1993, pursuant to the provisions of the Trust Indenture dated as of August 1, 1947, as supplemented, between Duquesne Light Company and Mellon Bank, N.A., as trustee.
 The company will redeem all outstanding bonds of the following series:
 -- 8-3/8 percent series due April 1, 2007; 51st Supplemental Indenture dated as of April 1, 1977; CUSIP Number 266228 BBO -- to be redeemed at 103.88 percent of principal amount plus accrued interest. The total amount of bonds outstanding for this series is $96.4 million.
 -- 9 percent series due February 1, 2017; 74th Supplemental Indenture dated as of February 1, 1987; CUSIP Number 266228 BQ7 -- to be redeemed at 105.78 percent of principal amount plus accrued interest. The total amount of bonds outstanding for this series is $99 million.
 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- 6/18/93
 /CONTACT: Dennis E. O'Neil, general manager, public affairs, of Duquesne Light, 412-393-4060/
 (DQE)


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

KC -- PG002 -- 3474 06/18/93 09:58 EDT
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Publication:PR Newswire
Date:Jun 18, 1993
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