PITTSBURGH, Sept. 21 /PRNewswire/ -- Consolidated Natural Gas Company
today announced the sale of $400 million of 7.25 percent noncallable notes due
October 2004.
Chase Securities Inc. is the lead underwriter for the issue, which is
priced at 99.77 percent to the public. The proceeds will be used for general
corporate purposes, including capital expenditures and the reduction of short-
term debt.
Consolidated Natural Gas Company (NYSE: CNG) is one of the nation's
largest producers, transporters, distributors and retail marketers of natural
gas. The company's natural gas transmission and distribution operations serve
customers in Ohio, Pennsylvania, Virginia, West Virginia, New York and other
states in the Northeast and Mid-Atlantic regions. CNG explores for and
produces oil and natural gas in the United States and Canada, and makes
selective investments abroad.
CNG's recent news releases are available 24 hours a day on the Internet,
by fax machine, or by voice recording. On the Internet, use CNG's Web site:
http://www.cng.com. For faxing, call 1-800-758-5804 on a touch-tone phone and enter
CNG's company extension, which is 203456. From a menu, you will then be able
to select releases that will be faxed to you immediately without charge. For
voice recordings, call 1-888-CNG-NEWS. This line is toll-free.
SOURCE Consolidated Natural Gas Company
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Related links:
http://www.cng.com
CONTACT:
Dan Donovan of Consolidated Natural Gas,
412-690-1370
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