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PE TO CALL THREE SEPARATE MORTGAGE BOND ISSUES

 PHILADELPHIA, March 3 /PRNewswire/ -- Philadelphia Electric Company (NYSE: PE) announced today that it will call three of its Mortgage Bond issues in part with the proceeds from the Mortgage Bonds sold through competitive bidding on Feb. 22, 1993.
 The three issues that the company plans to call on April 15, 1993, are as follows:
 The $150 million 10 percent Series due 1998 at 102.68 percent, the $100 million 9-1/8 percent Series due 2008 at 104.78 percent and the $100 million 11 percent Series due 2018 at 108.40 percent. Accrued interest will be paid on the 9-1/8 percent Series due 2008 through the call date.
 /delval/
 -0- 3/3/93
 /CONTACT: George Shicora, 215-84l-5740, or Bill Jones, 215-841-4129, both of Philadelphia Electric/
 (PE)


CO: Philadelphia Electric Company ST: Pennsylvania IN: UTI SU:

MK -- PH022 -- 2596 03/03/93 15:50 EST
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Publication:PR Newswire
Date:Mar 3, 1993
Words:145
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