Amadeusz Juskowiak

Columbia gas system inc cg redeems debentures

The Columbia Gas Systems Inc said it will redeem 47 mln dlrs principal amount of its 918 pct debentures series due May 1 1996 and five mln dlrs principal amount of its 1014 pct debentures series due May 1 1999

The company said it is redeeming the debentures to meet mandatory sinking fund requirements

In addition Columbia said it will call for the optional sinking fund redemption on May 1 1987 the 47 mln dlrs principal amount of the 918 debentures and 75 mln dlrs of the 1014 pct debentures

Reuter