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Published on 11/6/2009 in the Prospect News Private Placement Daily.

New Issue: Washington Gas Light to sell $50 million 4.76% 10-year notes in private placement

By Lisa Kerner

Charlotte, N.C., Nov. 6 - Washington Gas Light Co. entered into a note purchase agreement on Nov. 2 to sell $50 million of 4.76% unsecured fixed-rate notes in a private placement, according to a form 8-K filed with the Securities and Exchange Commission.

The notes mature Nov. 1, 2019.

Washington Gas Light, a wholly owned subsidiary of WGL Holdings, Inc., is a natural gas provider based in Washington, D.C.

Issuer:Washington Gas Light Co.
Amount:$50 million
Issue:Unsecured notes
Maturity:Nov. 1, 2019
Interest rate:4.76%
Pricing date:Nov. 2
Distribution:Private placement

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