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LG&E REQUESTS PSC APPROVAL TO ISSUE FIRST MORTGAGE BONDS

 LOUISVILLE, Ky., June 24 /PRNewswire/ -- Louisville Gas and Electric Company (LG&E) today announced that it filed an application with the Public Service Commission of Kentucky for approval to issue up to $245.8 million of First Mortgage Bonds. Assuming favorable market conditions and receipt of all necessary regulatory approvals, the company expects to redeem all or some of the following outstanding bond issues with the proceeds from the sale of the new bonds.
 First Mortgage Bonds
 -- $19,700,000 8-1/4 percent Series due Aug. 1, 2001;
 -- $21,362,000 8-1/2 percent Series due Nov. 1, 2006;
 Pollution Control Series
 -- $35,200,000 6-1/8 percent Series due Sept. 1, 2006;
 -- $ 7,000,000 6-1/8 percent Series due June 1, 1998;
 -- $35,000,000 6-3/8 percent Series due June 1, 2008;
 -- $20,000,000 6.60 percent Series due Oct. 1, 2004;
 -- $40,000,000 6.70 percent Series due Oct. 1, 2009;
 -- $26,000,000 9-3/4 percent Series due Feb. 15, 2011; and,
 -- $40,000,000 9-1/4 percent Series due July 1, 2015.
 All of the bonds are currently redeemable, except the $26,000,000 9-3/4 percent Series and the $40,000,000 9-1/4 percent Series, which are redeemable on or after Feb. 15, 1994, and July 1, 1995, respectively.
 The company anticipates undertaking these transactions in the third and fourth quarters of this year.
 -0- 6/24/93
 /CONTACT: Charles A. Markel, 502-627-2203, or Paul E. Heagen, 502-627-2877, both of LG&E/
 (LGE)


CO: Louisville Gas and Electric Company ST: Kentucky IN: UTI SU:

MM -- CH006 -- 5378 06/24/93 14:39 EDT
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Publication:PR Newswire
Date:Jun 24, 1993
Words:273
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