Printer Friendly

MICHCON REDEEMS FIRST MORTGAGE BONDS

 MICHCON REDEEMS FIRST MORTGAGE BONDS
 DETROIT, Aug. 31 /PRNewswire/ -- Michigan Consolidated Gas Company


(MichCon) today called for the redemption of the following Series of its First Mortgage Bonds:
 Redemption
 Due Amount Redemption Amount (plus
 Series Date Outstanding Date accrued interest)
 (percent) (percent)
 7 09/01/93 $15,863,000 09/30/92 100.00
 7-1/2 12/01/93 $19,840,000 09/30/92 100.44
 7-5/8 07/01/97 $24,485,000 09/30/92 101.28
 8-1/8 07/15/98 $25,023,000 09/30/92 101.64
 Notice of such redemption will be mailed to the holders of the bonds on Aug. 31, 1992. Citibank, N.A., Trustee under the Indenture of Mortgage, as supplemented, under which the bonds were issued, is handling the redemption for the company.
 MichCon, a wholly owned subsidiary of MCN Corporation (NYSE: MCN), is a natural gas distribution, transmission, and storage company serving more than 1 million customers in 465 communities throughout Michigan.
 -0- 8/31/92
 /CONTACT: Karen Fontanive of MichCon, 313-256-5093/
 (MCN) CO: Michigan Consolidated Gas Company; MCN Corporation ST: Michigan IN: UTI SU:


ML -- DE003 -- 4938 08/31/92 11:52 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 31, 1992
Words:196
Previous Article:ACCOUNTANTS OVERLOAD EXPANDS REGIONAL OPERATIONS; 1992 THIRD QUARTER REVENUES UP 18 PERCENT TO DATE VS. 1991
Next Article:NEW EVENTS AT NAME THAT TOON, ICONS OF HAPPINESS GALLERY, BEGINNING SEPT. 15
Topics:


Related Articles
MICHCON 'A' BONDS, PREFERRED AFFIRMED, CP RATED 'F-1' BY FITCH -- FITCH FINANCIAL WIRE --
MICHCON $20 MILLION BONDS RATED 'A', BY FITCH -- FITCH FINANCIAL WIRE --
MICHCON ANNOUNCES PREFERRED STOCK REDEMPTION
DUFF & PHELPS CREDIT RATING CO. ASSIGNS 'A' TO MICHIGAN CONSOLIDATED GAS COMPANY'S PROPOSED FIRST MORTGAGE BOND OFFERING
MICHCON ANNOUNCES PREFERRED STOCK REDEMPTION
MICHCON'S $30 MILLION FIRST MORTGAGE BONDS RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --
DUFF & PHELPS CREDIT RATING CO. REAFFIRMS 'A' ON MICHIGAN CONSOLIDATED GAS COMPANY'S PROPOSED OFFERING OF $30 MILLION FIRST MORTGAGE BONDS
MCN CORPORATION SUBSIDIARY FILES REGISTRATION STATEMENT FOR $150 MILLION IN BONDS
MICHCON $150 MILLION 1ST MORTGAGE BOND SHELF RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --
DUFF & PHELPS CREDIT RATING CO. UPGRADES MICHIGAN CONSOLIDATED GAS COMPANY'S FIRST MORTGAGE BONDS TO 'A+'

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters