-----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, RAIiqtn42K84SJqEHGFMszIGnNVciEFfTzBe7RZuD4yXoxvuqaX9IM16ST7RQlf6 Ewqg9iPGDvwKXpfp8PjKgA== 0001031296-09-000026.txt : 20090825 0001031296-09-000026.hdr.sgml : 20090825 20090825132818 ACCESSION NUMBER: 0001031296-09-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090819 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20090825 DATE AS OF CHANGE: 20090825 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 091033492 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FirstEnergy Solutions Corp. CENTRAL INDEX KEY: 0001407703 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 311560186 STATE OF INCORPORATION: OH FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53742 FILM NUMBER: 091033493 BUSINESS ADDRESS: STREET 1: C/O FIRSTENERGY CORP. STREET 2: 76 SOUTH MAIN STREET CITY: AKRON STATE: OH ZIP: 44308 BUSINESS PHONE: 800-736-3402 MAIL ADDRESS: STREET 1: C/O FIRSTENERGY CORP. STREET 2: 76 SOUTH MAIN STREET CITY: AKRON STATE: OH ZIP: 44308 8-K 1 main8_k.htm FORM 8-K, DATED AUGUST 19. 2009 main8_k.htm


 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) August 19, 2009

Commission
 
Registrant; State of Incorporation;
 
I.R.S. Employer
File Number
 
Address; and Telephone Number
 
Identification No.
         
 333-21011
 
FIRSTENERGY CORP.
 
34-1843785
   
(An Ohio Corporation)
   
   
76 South Main Street
   
   
Akron, OH  44308
   
   
Telephone (800)736-3402
   
         
000-53742
 
FIRSTENERGY SOLUTIONS CORP.
 
31-1560186
   
(An Ohio Corporation)
   
   
c/o FirstEnergy Corp.
   
   
76 South Main Street
   
   
Akron, OH  44308
   
   
Telephone (800)736-3402
   
         
         
         



















Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

Item 1.02  Termination of a Material Definitive Agreement

On August 19, 2009, FirstEnergy Generation Corp. (FGCO), a subsidiary of FirstEnergy Corp. (FirstEnergy) and its subsidiary, FirstEnergy Solutions Corp. (FES), notified Credit Suisse (CS), as administrative agent and lender under the $300 million secured term loan facility, dated as of October 8, 2008, among FGCO, as borrower, FirstEnergy and FES, as guarantors, CS and the other lenders party thereto, as amended (Facility), that it intended to terminate the Facility prior to its scheduled maturity on October 7, 2009.  Such termination became effective on August 24, 2009.  There are no penalties associated with the early termination.

Since entry into the Facility, FGCO has not drawn upon the Facility.  Under the terms of the Facility, FGCO agreed to pay each lender, through CS, an unused commitment fee equal to 0.75% per annum of the daily unused amount of the commitment of such lender during the preceding quarter or other period starting with the date of the Facility or at the completion of the 364 day availability period or the date on which the commitment of such lender would expire or be terminated.  The early termination of the Facility reduces the amount of the unused commitment fee required to be paid by FGCO.



 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto authorized.



August 25, 2009


 
FIRSTENERGY CORP.
 
 Registrant
   
 
FIRSTENERGY SOLUTIONS CORP.
  
  
Registrant
     
 By:  
 
 
Harvey L. Wagner
Vice President, Controller and
Chief Accounting Officer



 

 
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