PITTSBURGH, Nov. 4 /PRNewswire/ -- Consolidated Natural Gas Company
(NYSE: CNG) today announced it has called its 8-5/8 percent debentures due
December 1, 2011, for redemption at par on December 1, 1998, to satisfy
sinking fund requirements. The outstanding principal amount of the debentures
is $15,625,000.
Notice of redemption has been sent to registered bondholders.
Consolidated Natural Gas Company (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
Company News On-Call: http://www.prnewswire.com/comp/203456.html or fax, 800-758-5804, ext. 203456
CONTACT: Dan Donovan of Consolidated Natural Gas, 412-690-1370
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