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NEW YORK STATE ELECTRIC & GAS TO REDEEM FIRST MORTGAGE BONDS

 BINGHAMTON, N.Y., March 24 /PRNewswire/ -- New York State Electric & Gas Corporation (NYSEG) (NYSE: NGE) has elected to redeem, on April 23, 1993, all of its outstanding first mortgage bonds, 9-1/4 percent Series due 2016. The redemption price will be 105.69 percent of the principal amount together with accrued interest to the date fixed for redemption.
 -0- 3/24/93
 /CONTACT: Ken B. Hooper, manager - media relations, New York State Electric & Gas Corporation, 607-762-4407/
 (NGE)


CO: New York State Electric & Gas Corporation ST: New York IN: UTI SU:

BM -- CL008 -- 9200 03/24/93 14:57 EST
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Publication:PR Newswire
Date:Mar 24, 1993
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