Michigan Consolidated Gas Company
| Company Deal | $35,000,000 first mortgage bonds, 6 1/2% series due 1992 |
|---|---|
| Transaction Type | First Mortgage Bonds |
| Deal Description | Michigan Consolidated Gas Company used the net proceeds from this transaction to retire notes payable to banks expected to be outstanding when the new bonds were sold, to pay at maturity the company's outstanding sinking fund debentures due July 1, 1967, and to pay construction costs. |