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Southern California Gas to issue 10-year first mortgage bonds
By Devika Patel
Knoxville, Tenn., Jan. 6 – Southern California Gas Co. expects to price first mortgage bonds, series XX, due 2030, according to a 424B5 filed with the Securities and Exchange Commission.
Credit Agricole CIB, Mizuho Securities USA Inc., Scotia Capital (USA) Inc. and U.S. Bancorp Investments Inc. are the bookrunners, with Academy Securities Inc. as co-manager.
Proceeds will be used to repay commercial paper and for general corporate purposes.
The natural gas distributor is based in Los Angeles.
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