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REDEMPTION OF BALTIMORE GAS AND ELECTRIC COMPANY 8-1/2 PERCENT SERIES DUE JUNE 15, 1997 FIRST REFUNDING MORTGAGE BONDS

 REDEMPTION OF BALTIMORE GAS AND ELECTRIC COMPANY 8-1/2 PERCENT SERIES DUE JUNE 15, 1997 FIRST REFUNDING MORTGAGE BONDS
 BALTIMORE, June 26 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) announced today the redemption of its 8-1/2 percent Series due June 15, 1997 First Refunding Mortgage Bonds.
 This redemption will be made by Bankers Trust Company, Trustee, pursuant to the provisions of the Indenture. The 8-1/2 percent Series due June 15, 1997 First Refunding Mortgage Bonds will be redeemed on July 27, 1992 at 101.97 percent of principal, plus accrued interest from June 15, 1992 to, but not including, July 27, 1992.
 The transfer books for the 8-1/2 percent Series due June 15, 1997 First Refunding Mortgage Bonds will not be closed prior to the redemption date, but will be closed permanently at the opening of business on July 27, 1992.
 Bondholders will receive a Notice of Redemption which will be mailed to them on or about June 26, 1992. Bonds may be presented in person to Bankers Trust Company, Corporate Trust and Agency Group, Security Processing Services Division, at 123 Washington St., Receipt and Delivery, 1st Floor, New York; or by mail to Bankers Trust Company, Corporate Trust and Agency Group, Security Processing Services Division, P.O. Box 2579, Church Street Station, New York, N.Y. 10008. Bonds may also be presented in person to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, 2 Hopkins Plaza - G Level, Baltimore; or by mail to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, P.O. Box 2258, Baltimore, Md. 21203.
 -0- 6/26/92
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE) CO: Baltimore Gas and Electric Company ST: Maryland IN: UTI SU:


JS -- PH008 -- 4161 06/26/92 11:03 EDT
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Publication:PR Newswire
Date:Jun 26, 1992
Words:298
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