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Baltimore Gas & Electric Co., 6.97% Series 1993 Cumul Preference Stock
Ticker Symbol: BGLEH* CUSIP: 059165696 Exchange: OTOTC
* NOTE: This security is no longer trading as of 9/14/2016
Security has been Called for: Wednesday, September 14, 2016
Sept..13, 2016 -- OTC Daily Deletions Update: Called for Redemption. ($100 plus accrued dividend of $1.4908) effective 9/14/2016____________________ March 12, 2012 -- Exelon Corporation (NYSE:EXC) and Constellation Energy (NYSE:CEG) today announced that they have completed their merger, effective today. The merger creates the leading U.S. competitive energy provider with one of the industry’s cleanest and lowest-cost power generation fleets, and one of the largest retail customer bases in the nation. Upon the closing of the merger, Christopher M. Crane became president and CEO of the combined company, and Mayo A. Shattuck III became executive chairman. The new company retains the Exelon name and remains headquartered in Chicago, with significant operations in Maryland, Illinois and Pennsylvania. It will trade on the New York Stock Exchange under the symbol EXC.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Baltimore Gas & Electric Co., 6.97% Series 1993 Cumulative Preference Stock, liquidation preference $100 per share, redeemable at the company's option on or after 10/1/2003 at $103.49 per share which declines to $100 per share by 10/1/2013 (see schedule on page 84 of the prospectus), not subject to mandatory redemption, distributions of 6.97% ($6.97) payable quarterly on 1/1, 4/1, 7/1 & 10/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Baltimore Gas and Electric Co. is a wholly-owned subsidiary of Constellation Energy Group, Inc. (NYSE: CEG).
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Go to Parent Company's Record (EXC)
IPO - 10/1/1993 - 500,000 Shares @ $100.00/share.
Link to IPO Prospectus
Market Value $51.8 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Address and Phone Numbers |
| Address: 10 South Dearborn Street, 48th Floor, Chicago, IL 60690 |
| Main Phone Number |
312-394-7398 |
| Fax Number |
312-394-7251 |
| Investor Relations
Daniel Eggers
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312-394-2345
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| Toll Free Phone Number |
800-483-3220 |
| CEO - Christopher M. Crane |
CFO - Jonathan W. Thayer |
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