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Rochester Gas & Electric, N.Y., begins tender offer for 1997A, B bonds
By Tali Rackner
Norfolk, Va., Sept. 19 – Rochester Gas & Electric Corp. began a cash tender offer for all $68 million of its 1997 series A and 1997 series B New York State Energy Research and Development Authority pollution control revenue bonds, according to a notice.
For each $50,000 principal amount of notes, the company will pay $45,000 plus accrued interest up to, but excluding, the payment date.
The tender offer began on Wednesday and will expire at 5 p.m. ET on Oct. 16.
BofA Merrill Lynch (888 292-0070 or 980 387-3907 collect) is the dealer manager and The Bank of New York Melon is the depositary.
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