0001193125-13-219455.txt : 20130514 0001193125-13-219455.hdr.sgml : 20130514 20130514155226 ACCESSION NUMBER: 0001193125-13-219455 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130514 DATE AS OF CHANGE: 20130514 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NSTAR ELECTRIC CO CENTRAL INDEX KEY: 0000013372 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 041278810 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-188345-03 FILM NUMBER: 13841440 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 6174242000 MAIL ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: BOSTON EDISON CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NSTAR ELECTRIC CO CENTRAL INDEX KEY: 0000013372 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 041278810 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 6174242000 MAIL ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: BOSTON EDISON CO DATE OF NAME CHANGE: 19920703 FWP 1 d538384dfwp.htm FWP FWP

Free Writing Prospectus

Filed pursuant to Rule 433

Registration No. 333-188345-03

May 14, 2013

NSTAR Electric Company

Pricing Term Sheet

 

Issuer:    NSTAR Electric Company
Security:    $200,000,000 Floating Rate Debentures due May 17, 2016
Trade Date:    May 14, 2013
Settlement Date:    May 17, 2013
Maturity:    May 17, 2016
Interest Rate:    3-month U.S. Dollar LIBOR (Reuters LIBOR01 page) plus 0.24%
Price to Public:    100%
Initial Interest Rate:    3-month U.S. Dollar LIBOR plus 0.24% (determined as if the Settlement Date were an Interest Reset Date)

Interest Payment and Reset Dates:

    Quarterly on the 17th of each May, August, November, and February, commencing August 17, 2013
Interest Determination Dates:    The second London Business Day immediately preceding the applicable Interest Reset Date
Redemption Provisions:   

Redeemable on or any time after May 17, 2014, at a price equal to 100% plus accrued and unpaid interest

Day Count / Business Day Convention:    Actual / 360; Modified Following, Adjusted
CUSIP / ISIN:    67021CAH0/US67021CAH07
Ratings*:    A2 (Moody’s); A- (S&P); A+ (Fitch)

Joint Book-Running Managers:

 

   

Barclays Capital Inc.

RBC Capital Markets, LLC

 

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at (888) 603-5847 or RBC Capital Markets, LLC at (866) 375-6829.