Centerior Energy Corp's ClevelandElectric Illuminating Co subsidiary sdaid it will redeem on
April Three all 75 mln dlrs of its 16-5/8 pct first mortgage
bonds due 2012 at 1,120 dlrs per 1,000 dlrs principal amount
plus accrued interest of 14.78 dlrs.
    It said funds for the redemption came from the sale of 300
mln dlrs of 9-3/8 pct first mortgage bonds due 2017 in February.
 Reuter
