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FLORIDA POWER CORPORATION CALLS 8 3/4 PERCENT BOND SERIES

 ST. PETERSBURG, Fla., Feb. 2 /PRNewswire/ -- Florida Power Corporation announced today that it has elected to call for redemption on March 4, 1993 all of its outstanding first mortgage bonds, 8 3/4 percent series due 2006.
 The bonds will be redeemed at 104.64 percent of their principal amount, plus accrued interest from Oct. 1, 1992 to the date of redemption.
 Payment of the redemption price of the bonds will be made on the redemption date upon presentation and surrender of the bonds at the office of the Corporate Trust Operations Department of Morgan Guaranty Trust Company of New York, 55 Exchange Place, New York, N.Y.
 Florida Power is the principal subsidiary of St. Petersburg-based Florida Progress Corporation (NYSE: FPC) and serves 1.2 million customers in central and northern Florida.
 -0- 2/2/93
 /CONTACT: Will Rodgers of Florida Power Corporation, 813-866-4782/
 (FPC)


CO: Florida Power Corporation ST: Florida IN: UTI SU:

AW-JB -- FL019 -- 2012 02/02/93 15:21 EST
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Publication:PR Newswire
Date:Feb 2, 1993
Words:164
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