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Article: San Diego Gas & Electric Announces Tender Offer To Buy Back $178 Million In Mortgage Bonds
- Article from:
- PR Newswire
- Article date:
- April 30, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO, April 30 /PRNewswire/ -- San Diego Gas & Electric (SDG&E), the principal subsidiary of Enova Corporation, today announced that it has launched a tender offer to purchase its outstanding taxable First Mortgage Bonds, totaling $178 million.
The offer applies to three series of First Mortgage Bonds: the 7-5/8% series MM due in 2002, the 9-5/8% series JJ due in 2020, and the 8-1/2% series LL due in 2022.
The offer commences May 1, 1998, and expires at 5 p.m. EDT on May 8, 1998.
Salomon Smith Barney is the exclusive dealer manager for the tender offer. For information, call the Liability Management Group of Salomon Smith Barney ...