Rule 424(b)(3)
Registration No. 33-57039
PRICING SUPPLEMENT NO. 7, Dated January 24, 1996
To Prospectus Dated January 27, 1995 and Prospectus
Supplement dated February 14, 1995
WASHINGTON GAS LIGHT COMPANY
MEDIUM-TERM NOTES, SERIES C
DUE ONE YEAR OF MORE FROM DATE OF ISSUE
Principal Amount: $23,000,000 /x/ Fixed Rate Note / / Floating Rate Note
----------
Issue Price (as a percentage of /x/ Book Entry Note / / Certificated Note
principal amount): Varying Prices
---------------
Original Issue Date: January 25, 1996
Maturity Date: January 26, 2026
/ / The Offered Notes cannot be redeemed prior to maturity.
/x/ The Offered Notes may be redeemed prior to maturity.
Applicable Only to Fixed Rate Notes:
Interest Rate: 6.15% per annum
------
Interest Payment Dates: March 15 and September 15
Applicable Only to Floating Rate Notes:
Base Rate: Maximum Interest Rate:
/ / Commercial Paper Rate ----------
/ / LIBOR Minimum Interest Rate:
/ / Treasury Rate ----------
Interest Reset Dates:
----------
Interest Reset Period:
----------
Interest Payment Dates:
----------
Interest Payment Period:
----------
Initial Interest Rate:
----------
Index Maturity:
----------
Spread (plus or minus):
----------
Spread Multiplier:
----------
Additional Terms:
THE OFFERED NOTES WILL MATURE AT 100% OF THE PRINCIPAL AMOUNT ON
JANUARY 26, 2026, OR, AT THE ELECTION OF THE HOLDER THEREOF, FOR REPAYMENT
ON JANUARY 26, 2006. IF THE HOLDER DESIRES THAT ALL OR ANY PORTION OF THE
OFFERED NOTES REGISTERED IN HIS NAME BE SUBJECT TO REPAYMENT ON JANUARY 26,
2006, HE OR HIS AUTHORIZED ATTORNEY, MUST DELIVER TO THE TRUSTEE, AND THE
TRUSTEE MUST RECEIVE, WRITTEN NOTICE NO EARLIER THAN NOVEMBER 27, 2005, AND
NO LATER THAN DECEMBER 27, 2005, THAT SUCH HOLDER ELECTS THAT THE OFFERED
NOTES SPECIFIED THEREIN BE REPAYED ON JANUARY 26, 2006. THE NOTICE MUST
EITHER BE DELIVERED OR SENT BY REGISTERED MAIL TO THE TRUSTEE AND, ONCE
GIVEN, SHALL BE IRREVOCABLE. AT THE PRESENT TIME, THE ADDRESS OF THE
TRUSTEE IS: THE BANK OF NEW YORK; 101 BARCLAY STREET-21W, NEW YORK, NEW
YORK 10286, ATTENTION: CORPORATE TRUST ADMINISTRATION. TIME OF RECEIPT OF
SUCH NOTICE SHALL GOVERN AND NOTICE RECEIVED OTHER THAN WITHIN THE PERIOD
SPECIFIED ABOVE SHALL BE INEFFECTIVE. NEITHER THE COMPANY NOR THE
TRUSTEE IS REQUIRED TO PROVIDE FURTHER NOTICE TO NOTEHOLDERS OF THE TIME
AND METHOD FOR ELECTION OF REPAYMENT.
THE OFFERED NOTES ARE REDEEMABLE UPON THIRTY DAYS' NOTICE AT ANY TIME
ON OR AFTER JANUARY 26, 2006, IN WHOLE OR IN PART, AT THE ELECTION OF THE
COMPANY AT 100% OF THE PRINCIPAL AMOUNT THEREOF, TOGETHER IN EACH CASE
WITH ACCRUED INTEREST TO THE REDEMPTION DATE. THE OFFERED NOTES ARE NOT
REDEEMABLE BY THE COMPANY PRIOR TO JANUARY 26, 2006.
USE OF PROCEED: NET PROCEEDS FROM THE SALE OF THE NOTES, TOGETHER
WITH THE NET PROCEEDS FROM THE SALE OF ADDITIONAL MEDIUM-TERM NOTES,
SERIES C, WILL BE USED TO PURCHASE U.S. GOVERNMENT TREASURY SECURITIES TO
BE DEPOSITED IN TRUST AND USED TO PAY THE INTEREST ON, AND REDEMPTION
PRICE OF, (i) $50 MILLION PRINCIPAL AMOUNT OF THE COMPANY'S 7-7/8% SERIES
FIRST MORTGAGE BONDS, TO BE REDEEMED ON SEPTEMBER 1, 1996; AND (ii) $17.3
MILLION PRINCIPAL AMOUNT OF THE COMPANY'S 9-1/4% SERIES FIRST MORTGAGE
BONDS, TO BE REDEEMED ON APRIL 15, 1998.
