Jersey Central Power & Light Company (JCP&L) recently amended its S-3 filing with the Securities & Exchange Commission, indicating that it will securitize approximately $320 million worth of stranded costs.

Goldman Sachs is lead manager on the three-part deal, with Morgan Stanley and Salomon Smith Barney as co-managers. JCP&L is a subsidiary of GPU Inc., which merged with FirstEnergy Corp. late last fall.

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