0001104659-11-030210.txt : 20110519 0001104659-11-030210.hdr.sgml : 20110519 20110519145816 ACCESSION NUMBER: 0001104659-11-030210 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110519 DATE AS OF CHANGE: 20110519 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF NEW HAMPSHIRE CENTRAL INDEX KEY: 0000315256 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 020181050 STATE OF INCORPORATION: NH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-165579-02 FILM NUMBER: 11857607 BUSINESS ADDRESS: STREET 1: 780 N. COMMERCIAL STREET CITY: MANCHESTER STATE: NH ZIP: 03105-0330 BUSINESS PHONE: 6036694000 MAIL ADDRESS: STREET 1: 780 N. COMMERCIAL STREET CITY: MANCHESTER STATE: NH ZIP: 03105-0330 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF NEW HAMPSHIRE CENTRAL INDEX KEY: 0000315256 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 020181050 STATE OF INCORPORATION: NH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 780 N. COMMERCIAL STREET CITY: MANCHESTER STATE: NH ZIP: 03105-0330 BUSINESS PHONE: 6036694000 MAIL ADDRESS: STREET 1: 780 N. COMMERCIAL STREET CITY: MANCHESTER STATE: NH ZIP: 03105-0330 FWP 1 a11-12586_3fwp.htm FWP

Free Writing Prospectus
Filed pursuant to Rule 433
Registration No. 333-165579-02

 

May 19, 2011

 

Public Service Company of New Hampshire

 

Pricing Term Sheet

 

Issuer:

 

Public Service Company of New Hampshire

Security:

 

$122,000,000 4.05% First Mortgage Bonds, Series Q, due 2021

Maturity:

 

June 1, 2021

Coupon:

 

4.05%

Price to Public:

 

99.739% of face amount

Yield to Maturity:

 

4.082%

Spread to Benchmark Treasury:

 

+88 basis points

Benchmark Treasury:

 

3.125% due May 15, 2021

Benchmark Treasury Yield:

 

3.202%

Interest Payment Dates:

 

June 1 and December 1, commencing December 1, 2011

Redemption Provisions:

 

Make-whole call at any time prior to March 1, 2021 at a discount rate of Treasury plus 15 basis points and, thereafter at par

Settlement:

 

May 26, 2011

 

 

(T + 5)

CUSIP:

 

744482 BK5

Ratings:

 

A3 by Moody’s Investors Service

 

 

A- by Standard & Poor’s Ratings Services

 

 

A- by Fitch Ratings

Joint Book-Running Managers:

 

Morgan Stanley & Co. Incorporated

 

 

UBS Securities LLC

Co-Managers:

 

TD Securities (USA) LLC

 

 

The Williams Capital Group, L.P.

 

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 Securities and Exchange Commission (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 Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649 or UBS Securities LLC toll-free at 877-827-6444 ext. 561-3884.