0001104659-14-027564.txt : 20140414 0001104659-14-027564.hdr.sgml : 20140414 20140414154725 ACCESSION NUMBER: 0001104659-14-027564 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140414 DATE AS OF CHANGE: 20140414 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONNECTICUT LIGHT & POWER CO CENTRAL INDEX KEY: 0000023426 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 060303850 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-188345-04 FILM NUMBER: 14762541 BUSINESS ADDRESS: STREET 1: SELDEN STREET CITY: BERLIN STATE: CT ZIP: 06037-1616 BUSINESS PHONE: (860)665-5000 MAIL ADDRESS: STREET 1: 107 SELDEN STREET CITY: BERLIN STATE: CT ZIP: 06037 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONNECTICUT LIGHT & POWER CO CENTRAL INDEX KEY: 0000023426 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 060303850 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: SELDEN STREET CITY: BERLIN STATE: CT ZIP: 06037-1616 BUSINESS PHONE: (860)665-5000 MAIL ADDRESS: STREET 1: 107 SELDEN STREET CITY: BERLIN STATE: CT ZIP: 06037 FWP 1 a14-10401_3fwp.htm FWP

 

Free Writing Prospectus

Filed pursuant to Rule 433

Registration No. 333-188345-04

 

April 14, 2014

 

The Connecticut Light and Power Company

 

Pricing Term Sheet

 

Issuer:

 

The Connecticut Light and Power Company

Security:

 

$250,000,000 4.30% First and Refunding Mortgage Bonds, 2014 Series A, due 2044

Maturity Date:

 

April 15, 2044

Coupon:

 

4.30%

Price to Public:

 

100.000%

Yield to Maturity:

 

4.30%

Benchmark Treasury:

 

3.75% due November 15, 2043

Spread to Benchmark Treasury:

 

+82 basis points

Benchmark Treasury Price / Yield:

 

104-31 / 3.48%

Interest Payment Dates:

 

April 15 and October 15, commencing October 15, 2014

Redemption Provisions:

 

Make-whole call at any time prior to October 15, 2043 at a discount rate of Treasury plus 12.5 basis points and, thereafter at par

Trade Date:

 

April 14, 2014

Settlement Date*:

 

April 24, 2014

CUSIP / ISIN:

 

207597 EG6 / US207597EG65

Ratings**:

 

A2 (Moody’s); A (S&P); A (Fitch)

Joint Book-Running Managers:

 

Barclays Capital Inc.
Goldman, Sachs & Co.
Citigroup Global Markets Inc.
TD Securities (USA) LLC
U.S. Bancorp Investments, Inc.

Co-Manager:

 

Samuel A. Ramirez & Company, Inc.

 

* Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise.  Accordingly, purchasers who wish to trade bonds on the date hereof or the succeeding business day will be required, by virtue of the fact that the bonds initially will settle T+7 (on April 24, 2014) to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement.  Purchasers of bonds who wish to trade bonds on the date hereof should consult their own advisors.

 

** 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 Goldman, Sachs & Co. collect at (866) 471-2526 or by emailing prospectus-ny@ny.email.gs.com.