South Carolina Electric & Gas Company
| Company Deal | acquisition in dissolution of assets of South Carolina Power Company, assumption of liabilities of South Carolina Power Company, and issuance of $22,200,000 first and refunding mortgage bonds, 3% series due 1980, under indenture of South Carolina Power Company dated as of January 1, 1945, refunding all outstanding bonds of South Carolina Electric & Gas Company |
|---|---|
| Transaction Type | First and Refunding Mortgage Bonds |
| Deal Description | South Carolina Electric & Gas Company deposited the net proceeds from this transaction with the corporate trustee under the mortgage and deed trust of Electric & Gas to the President and Directors of the Manhattan Company and J. Bryson Aird, as trustees, to redeem all of the first mortgage bonds of Electric & Gas outstanding under said mortgage and deed of trust. |