Constellation Energy repays $500M, 6.125 pct bond without refinancing
By APWednesday, September 2, 2009
Constellation Energy repays $500M, 6.125 pct bond
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.
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