-----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, Cv0iqGcdEeSjTs97pZDc1EMXUCaOdTW2mO14bCVcyKDUu2l7b4KGkQIYerpNAEVu U1ZPUkowbK4kRxbktYAKLA== 0000912057-02-012256.txt : 20020415 0000912057-02-012256.hdr.sgml : 20020415 ACCESSION NUMBER: 0000912057-02-012256 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020328 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS POWER CO CENTRAL INDEX KEY: 0000049816 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 370344645 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10419 FILM NUMBER: 02591533 BUSINESS ADDRESS: STREET 1: 500 S 27TH ST STREET 2: C/O HARRIS TRUST & SAVINGS BANK CITY: DECATUR STATE: IL ZIP: 62525-1805 BUSINESS PHONE: 2174246600 FORMER COMPANY: FORMER CONFORMED NAME: ILLINOIS IOWA POWER CO DATE OF NAME CHANGE: 19660822 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOVA CORP CENTRAL INDEX KEY: 0000914755 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 371319890 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: STREET 1: C/O DYNEGY INC STREET 2: 1000 LOUISIANA STREET CITY: DECATUR STATE: IL ZIP: 62525-1805 BUSINESS PHONE: 2174246600 MAIL ADDRESS: STREET 1: 500 SOUTH 27TH ST STREET 2: 500 SOUTH 27TH ST CITY: DECATUR STATE: IL ZIP: 62525-1905 FORMER COMPANY: FORMER CONFORMED NAME: IP HOLDING CO DATE OF NAME CHANGE: 19931115 SC TO-T/A 1 a2075129zscto-ta.txt SC TO-T/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ SCHEDULE TO (RULE 14D-100) TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 7) ILLINOIS POWER COMPANY (NAME OF SUBJECT COMPANY) ILLINOIS POWER COMPANY (ISSUER) ILLINOVA CORPORATION (OFFEROR) DYNEGY INC. (OFFEROR) (Names of Filing Persons) 4.08% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-20-8 4.20% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-30-7 4.26% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-40-6 4.42% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-50-5 4.70% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-60-4 7.75% CUMULATIVE PREFERRED STOCK, PAR VALUE $50 PER SHARE, CUSIP NO. 452092-79-4 (Title of Class of Securities) (CUSIP Number of Class of Securities) KENNETH E. RANDOLPH DYNEGY INC. 1000 LOUISIANA, SUITE 5800 HOUSTON, TEXAS 77002 (713) 507-6400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons) WITH A COPY TO: Julien R. Smythe Mark S. Croft Akin, Gump, Strauss, Hauer & Feld, L.L.P. 711 Louisiana, Suite 1900 - South Houston, Texas 77002 (713) 220-5800 Fax: (713) 236-0822 CALCULATION OF FILING FEE
TRANSACTION VALUATION* AMOUNT OF FILING FEE $37,046,426 $7,409
* Fee paid previously. The amount of the filing fee, calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, equals 1/50 of one percent of the transaction value. The transaction value equals the total amount of funds, excluding fees and other expenses, required to purchase all outstanding shares of each series of preferred stock listed above pursuant to the tender offer described in the Offer to Purchase and Consent Statement filed as Exhibit (a)(1)(i) hereto. The purchase price for the outstanding shares is $37,046,426. /X/ Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: $7,409 Filing Illinois Power Company (Issuer), Illinova Parties: Corporation (Offeror) and Dynegy Inc. (Offeror) Form or Registration No.: Schedule TO Date Filed: October 22, 2001, February 25, 2002
/X/ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: /X/ third-party tender offer subject to Rule 14d-1. / / issuer tender offer subject to Rule 13e-4. /X/ going-private transaction subject to Rule 13e-3. / / amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: /X/ INTRODUCTORY STATEMENT This Amendment 7 to Tender Offer Statement on Schedule TO (the "Schedule TO") is being filed with the Securities and Exchange Commission (the "Commission") by Illinois Power Company, an Illinois corporation ("IPC"), Illinova Corporation, an Illinois corporation ("Illinova"), and Dynegy Inc., an Illinois corporation ("Dynegy"), in connection with a tender offer (the "Tender Offer") by Illinova and Dynegy for any and all of IPC's outstanding cumulative preferred stock (the "Preferred Stock"). Terms not otherwise defined herein have the meanings ascribed to them in the Offer to Purchase and Consent Statement (the "Offer to Purchase") filed as Exhibit (a)(1)(i) to Tender Offer Statement on Schedule TO, filed with the Commission by IPC, Illinova and Dynegy on February 25, 2002. ITEMS 1-11 The Tender Offer expired at 5:00 p.m., New York City time, on Tuesday, March 26, 2002. Prior to expiration of the Tender Offer, shares of the Preferred Stock validly tendered and not withdrawn pursuant to the Tender Offer (the "Tendered Shares") were as follows:
SHARES SERIES CUSIP NO. TENDERED - ------ ----------- -------- 4.08% Cumulative Preferred Stock............................ 452092-20-8 134,438 ----------- ------- 4.20% Cumulative Preferred Stock............................ 452092-30-7 95,948 ----------- ------- 4.26% Cumulative Preferred Stock............................ 452092-40-6 70,937 ----------- ------- 4.42% Cumulative Preferred Stock............................ 452092-50-5 69,809 ----------- ------- 4.70% Cumulative Preferred Stock............................ 452092-60-4 108,011 ----------- ------- 7.75% Cumulative Preferred Stock............................ 452092-79-4 182,681 ----------- -------
All of the Tendered Shares were accepted for payment by Illinova. A copy of the press release issued by Dynegy on Wednesday, March 27, 2002 is set forth as Exhibit 1(a)(xi) to this Schedule TO and is hereby incorporated by reference. ITEM 12. EXHIBITS Item 12 is hereby amended and supplemented to add thereto the following:
EXHIBIT NUMBER DESCRIPTION --------------------- ----------- (a)(1)(xi) Press Release issued by Dynegy Inc., dated March 27, 2002*
- ------------------------ * Filed herewith. SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 7 to Schedule TO is true, complete and correct. Dated: March 28, 2002 ILLLINOIS POWER COMPANY By: /s/ STEPHEN W. BERGSTROM ----------------------------------------- Name: Stephen W. Bergstrom Title: CHIEF EXECUTIVE OFFICER ILLINOVA CORPORATION By: /s/ STEPHEN W. BERGSTROM ----------------------------------------- Name: Stephen W. Bergstrom Title: EXECUTIVE VICE PRESIDENT DYNEGY INC. By: /s/ STEPHEN W. BERGSTROM ----------------------------------------- Name: Stephen W. Bergstrom Title: PRESIDENT AND CHIEF OPERATING OFFICER
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION --------------------- ----------- (a)(1)(xi) Press Release issued by Dynegy Inc., dated March 27, 2002*
- ------------------------ * Filed herewith. EX-99.(A)(1)(XI) 3 a2075129zex-99_a1xi.txt EXHIBIT 99(A)(1)(XI) ILLINOVA COMPLETES ILLINOIS POWER CUMULATIVE PREFERRED STOCK TENDER OFFER AND CONSENT SOLICITATION HOUSTON--March 27, 2002--Illinova Corporation, a wholly owned subsidiary of Dynegy Inc. (NYSE:DYN), completed its offer to purchase the following series of outstanding shares of cumulative preferred stock of Illinois Power Company (NYSE:IPC), Dynegy's transmission and distribution subsidiary:
SHARES PERCENTAGE OF SERIES CUSIP NO. TENDERED SERIES TENDERED - ------ ----------- -------- --------------- 4.08% Cumulative Preferred Stock................................ 452092-20-8 134,438 59.6151 ----------- ------- ------- 4.20% Cumulative Preferred Stock................................ 452092-30-7 95,948 66.7418 ----------- ------- ------- 4.26% Cumulative Preferred Stock................................ 452092-40-6 70,937 68.0255 ----------- ------- ------- 4.42% Cumulative Preferred Stock................................ 452092-50-5 69,809 68.3129 ----------- ------- ------- 4.70% Cumulative Preferred Stock................................ 452092-60-4 108,011 74.4031 ----------- ------- ------- 7.75% Cumulative Preferred Stock................................ 452092-79-4 182,681 95.2630 ----------- ------- -------
The offer expired at 5:00 p.m., New York City time, on Tuesday, March 26, 2002. Illinova Corporation accepted all validly tendered shares. Payment for all validly tendered and accepted shares is expected to be made on or about March 28, 2002. Illinois Power Company also completed its related consent solicitation to amend IPC's articles of incorporation. Under the terms of the consent solicitation, all holders of record as of February 20, 2002 who validly consented to the proposed amendment will receive the special cash payment of $1.00 per share. Payment for all validly consented shares is expected to be made on or about March 28, 2002. Merrill Lynch & Co. acted as the dealer manager for the tender offer and the solicitation agent for the consent solicitation. CONTACT: Dynegy Inc., Houston Media: John Sousa, Steve Stengel or Claudia Morlan, 713/767-5800 or Analysts: Arthur Shannon or Katie Pipkin, 713/507-6466 -----END PRIVACY-ENHANCED MESSAGE-----