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NYSEG TO REDEEM FIRST MORTGAGE BONDS

 BINGHAMTON, N.Y., Oct. 22 /PRNewswire/ -- New York State Electric & Gas Corporation (NYSE: NGE) (NYSEG) has elected to redeem on Nov. 22, 1993, all of its outstanding first mortgage bonds, 8-5/8 Percent Series due 1996. The redemption price will be 100.96 percent of the principal amount, together with accrued interest to the date fixed for redemption.
 -0- 10/22/93
 /CONTACT: Clayton M. Ellis, media specialist, of New York State Electric & Gas, 607-762-4301/
 (NGE)


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

AR -- CL014 -- 5699 10/22/93 11:43 EDT
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Publication:PR Newswire
Date:Oct 22, 1993
Words:98
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