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NYSEG PRICES SOLID WASTE DISPOSAL REVENUE BONDS

 BINGHAMTON, N.Y., Dec. 2 /PRNewswire/ -- New York State Electric & Gas Corporation (NYSEG) (NYSE: NGE) today priced $70 million of 5.70 percent, 35-year tax-exempt solid waste disposal revenue bonds. The proceeds will be used to pay for certain solid waste disposal and recycling facilities being installed at the company's Milliken Generating Station. These facilities are part of the Milliken Clean Coal Demonstration Project.
 The bonds, which will be insured by Municipal Bond Investors Assurance Corporation and rated Aaa/AAA, will be issued through the New York State Energy Research and Development Authority (NYSERDA).
 -0- 12/2/93
 /CONTACT: Clayton Ellis, media specialist, of New York State Electric & Gas Corporation, 607-762-4301/
 (NGE)


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

BM -- CL022 -- 9935 12/02/93 15:49 EST
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Publication:PR Newswire
Date:Dec 2, 1993
Words:134
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