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Constellation Energy repays $500M, 6.125 pct bond

Wed Sep 2, 2009 2:32 PM EDT
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Associated Press
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BALTIMORE — Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.

Shares of the Baltimore-based utility fell 14 cents to $13.55 in afternoon trading.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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