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Published on 12/9/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Constellation Energy plans to repay $213.5 million 7% notes due 2012

By Melissa Kory

Cleveland, Dec. 9 - Constellation Energy Group, Inc. intends to repay prior to maturity its $213.5 million of outstanding 7% notes due April 1, 2012 using proceeds from its proposed offering of notes due Dec. 1, 2020.

The notes will be redeemed at a make-whole redemption price, plus accrued interest to the redemption date.

Based in Baltimore, Constellation Energy is a supplier of energy products and services to wholesale and retail electric and natural gas customers.


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