COMMONWEALTH EDISON <CWE> SELLS SEVEN-YEAR BONDS
Commonwealth Edison Co is raising 140
mln dlrs through an offering of first mortgage bonds due 1994
yielding 8.92 pct, said lead manager Salomon Brothers Inc.
    The bonds bear an 8-7/8 pct coupon and were priced at
99.765 to yield 85 basis points more than comparable Treasury
securities.
    Non-callable for five years, the issue is rated A-3 by
Moody's and A by Standard and Poor's. The gross spread is 6.50
dlrs, the selling concession is four dlrs and the reallowance
is 2.50 dlrs. Morgan Stanley co-managed the deal.
 Reuter
