Public Service Electric and Gas Capital, L.P. Announces Redemption of its 8% Cumulative Monthly Income Preferred Securities, Ser
22 November 2003 - 8:00AM
PR Newswire (US)
Public Service Electric and Gas Capital, L.P. Announces Redemption
of its 8% Cumulative Monthly Income Preferred Securities, Series B
NEWARK, N.J., Nov. 21 /PRNewswire-FirstCall/ -- Public Service
Electric and Gas Capital, L.P., a limited partnership of which
Public Service Electric and Gas Company is sole general partner,
announced today (November 21,2003) that it has called for
redemption all of its outstanding 8% Cumulative Monthly Income
Preferred Securities, Series B (NYSE PEG PrX - CUSIP# 744569302),
at a price of $25.00 per preferred security. The redemption will
take place on December 31, 2003. The redemption agent for the issue
is Wachovia Bank National Association. The distribution to be paid
on December 31, 2003 will be paid in the normal manner to holders
of record as of December 30, 2003. DATASOURCE: PSE&G CONTACT:
Paul Rosengren of PSE&G, +1-973-430-5911 Web site:
http://www.pseg.com/
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