-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Bo12hHMRobCL+PELXUpZsD9FniU+AYLz9267ukfbKcUv0k+bwW9N99Byk/opTpa/ 0Pfup8lIrRpSsPSoBBHl9g== 0000893220-00-000546.txt : 20000428 0000893220-00-000546.hdr.sgml : 20000428 ACCESSION NUMBER: 0000893220-00-000546 CONFORMED SUBMISSION TYPE: U-1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONECTIV CENTRAL INDEX KEY: 0001029590 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 510377417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-1/A SEC ACT: SEC FILE NUMBER: 070-09499 FILM NUMBER: 609962 BUSINESS ADDRESS: STREET 1: 800 KING STREET P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 BUSINESS PHONE: 3024293114 MAIL ADDRESS: STREET 1: 800 KING ST STREET 2: P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 U-1/A 1 FORM U-1/A CONECTIV 1 File No. 70-9499 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Post-Effective Amendment No. 5 To FORM U-1 DECLARATION UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Conectiv Atlantic City Electric Company Delmarva Power & Light Company 800 King Street Wilmington, DE 19899 (Name of company filing this statement and address of principal executive offices) Conectiv (Name of top registered holding company parent) Philip S. Reese Vice President and Treasurer Conectiv (address above) (Name and address of agent of service) The Commission is requested to send copies of all notices, orders and communications in connection with this Application to: Peter F. Clark, Esquire Joyce Koria Hayes, Esquire General Counsel 7 Graham Court Conectiv Newark, DE 19711 (address above)
2 Item 1. Description of Proposed Transactions (a) Furnish a reasonably detailed and precise description of the proposed transaction, including a statement of the reason why it is desired to consummate the transaction and the anticipated effect thereof. If the transaction is part of a general program, describe the program and its relation to the proposed transaction. The application as previously filed is amended to add the following information under Item 1: Conectiv's common equity to total capitalization ratio fell below 30% primarily as a result of write-downs occurring in 1999 due to state electric industry restructuring. The Company expects its common equity to total capitalization ratio to remain below 30% until the sale of certain generating assets to third parties is completed. The closing is scheduled for September 1, 2000 but is contingent on the prior receipt of state regulatory approvals. SIGNATURE Pursuant to the requirements of the Act, the undersigned companies have duly caused this amended Application to be signed on its behalf by the undersigned thereunto duly authorized. Dated: April 27, 2000 Conectiv By: /s/ Philip S. Reese Vice President and Treasurer Atlantic City Electric Company By /s/ Philip S. Reese Vice President and Treasurer Delmarva Power & Light Company By: /s/ Philip S. Reese Vice President and Treasurer 2 -----END PRIVACY-ENHANCED MESSAGE-----