-----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, StzsUiVnIM6hb4Zpy+F89eQ27BkvTKnKmH8dOq9h/qU+su0ypJPJPN+5yTW8rbM5 J5G5ELn6CF4UUymWVM+9Tg== 0000061617-96-000004.txt : 19960411 0000061617-96-000004.hdr.sgml : 19960411 ACCESSION NUMBER: 0000061617-96-000004 CONFORMED SUBMISSION TYPE: U-6B-2 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19960410 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAINE YANKEE ATOMIC POWER CO CENTRAL INDEX KEY: 0000061617 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 010278125 STATE OF INCORPORATION: ME FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-6B-2 SEC ACT: 1935 Act SEC FILE NUMBER: 040-00369 FILM NUMBER: 96545634 BUSINESS ADDRESS: STREET 1: 329 BATH ROAD CITY: BRUNSWICK STATE: ME ZIP: 04011 BUSINESS PHONE: 2077984100 MAIL ADDRESS: STREET 1: 329 BATH ROAD CITY: BRUNSWICK STATE: ME ZIP: 04011 U-6B-2 1 FORM U-6B-2 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM U-6B-2 File Nos. 70-7627 70-7638 Certificate of Notification Filed by a registered holding company or subsidiary thereof pursuant to Rule U-20-(d) adopted under the Public Utility Holding Company Act of 1935. Certificate is filed by Maine Yankee Atomic Power Company. This certificate is notice that the above named company has issued, renewed or guaranteed the security or securities described herein which issue, renewal or guaranty was exempted from the provisions of Section 6(a) of the Act and was neither the subject of a declaration or application on Form U-1 nor included within the exemption provided by Rule U-48. 1. Type of the security or securities. See Exhibits 1 and 2. 2. Issue, renewal or guaranty: See Exhibits 1 and 2. 3. Principal amount of each security. See Exhibits 1 and 2. 4. Rate of interest per annum of each security. See Exhibits 1 and 2. 5. Date of issue, renewal or guaranty of each security. See Exhibits 1 and 2. 6. If renewal of security, give date of original issue. See Exhibits 1 and 2. 7. Date of maturity of each security. See Exhibits 1 and 2. 8. Name of the person to whom each security was issued, renewed or guaranteed. See Exhibits 1 and 2. 9. Collateral given with each security, if any. See Exhibits 1 and 2. 10. Consideration received for each security. See Exhibits 1 and 2. 11. Application of proceeds of each security. See Exhibits 1 and 2. 12. Indicate by a check after the applicable statement below whether the issue, renewal or guaranty of each security was exempt from the provisions of Section 6(a) because of a. the provisions contained in the first sentence of Section 6(b), b. the provisions contained in the fourth sentence of Section 6(b), c. the provisions contained in any rule of the Commission other than Rule U-48. X Rule 52 (for both). (If reporting for more than one security insert the identifying symbol after applicable statement.) 13. If the security or securities were exempt from the provisions of Section 6(a) by virtue of the first sentence of Section 6(b), give the figures which indicate that the security or securities aggregate (together with all other than outstanding notes and drafts of a maturity of nine months or less, exclusive of days of grace, as to which such company is primarily or secondarily liable) not more than 5 per centum of the principal amount and par value of the other securities of such company then outstanding. (Demand notes, regardless of how long they may have been outstanding, shall be considered as maturing in not more than nine months for purposes of the exemption from Section 6(a) of the Act granted by the first sentence of Section 6(b). Not Applicable (for both). 14. If the security or securities are exempt from the provisions of Section 6(a) because of the fourth sentence of Section 6(b), name the security outstanding on January 1, 1935, pursuant to the terms of which security or securities herein described have been issued. Not Applicable (for both). 15. If the security or securities are exempt from the provisions of Section 6(a) because of any rule of the Commission other than Rule U-48 designate the rule under which exemption is claimed. Rule 52 (for both). Maine Yankee Atomic Power Company By Patrick S. Lydon Patrick S. Lydon, Vice President Finance and Administration Date: April 9, 1996 EX-1 2 Exhibit 1 Maine Yankee Atomic Power Company Page 1 of 2 Table I (Dollars in Thousands)
Question 1 2 3 4 5 6 7 8 Loan A Promissory Note Issue 5,000 6.125% 01/11/96 N/A 02/12/96 All B Promissory Note Issue 5,000 6.125% 01/11/96 N/A 03/11/96 All C Promissory Note Issue 10,000 5.82% 01/11/96 N/A 01/29/96 FL D Promissory Note Issue 5,000 5.77% 01/19/96 N/A 01/26/96 BNY E Promissory Note Issue 7,000 6.0625% 01/29/96 N/A 02/29/96 All F Promissory Note Issue 9,000 5.71% 01/29/96 N/A 02/26/96 FL G Promissory Note Issue 7,000 5.875% 02/12/96 N/A 04/12/96 All H Promissory Note Issue 5,000 5.8125% 02/29/96 N/A 03/29/96 All I Promissory Note Issue 4,000 5.53% 02/29/96 N/A 03/25/96 FL J Promissory Note Issue 6,000 5.60% 03/11/96 N/A 03/25/96 FL K Promissory Note Issue 10,000 5.9375% 03/29/96 N/A 04/29/96 All
All Notes under the Secured Credit Agreement dated as of August 15, 1989, among Maine Yankee Atomic Power Company ("Maine Yankee"), The Bank of New York, as Agent, and the Banks listed below, as amended (the "Credit Agreement"), are payable to the five lender banks (the "Banks") listed below in the ratio of each Bank's Commitment to the Aggregate Commitments of $50,000,000, except for Bid Loans, which are payable solely to the Bank that was the successful bidder. The Banks, their name abbreviations for convenience of reference in this Schedule, and the amounts of their individual Commitments are as follows:
Bank and Name Abbreviation Commitment The Bank of New York ("BNY") $20,000,000 The First National Bank of Boston ("FNBB") 7,500,000 Union Bank of Switzerland ("UBS") 7,500,000 The Toronto-Dominion Bank ("TD") 7,500,000 Fleet Bank of Maine ("FL") 7,500,000 Aggregate Commitments $50,000,000
The Notes bear interest at the Base Rate, the Adjusted CD Rate, the Adjusted Eurodollar Rate, or the Bid Loan Rate, all as described in the Credit Agreement, with such fees as are provided in the Credit Agreement.
Exhibit 1 Page 2 of 2 Question 9: The Notes are secured by a first lien on Maine Yankee's nuclear fuel inventory and its rights to payment for fuel costs from the electric utility companies that sponsor Maine Yankee (the "Sponsors") pursuant to Power Contracts dated as of May 20, 1968, as amended, and an Additional Power Contract dated as of February 1, 1984. The Notes are also secured by Maine Yankee's rights to require the Sponsors to purchase the common stock of, or contribute capital or make loans or advances to, Maine Yankee to finance the costs of obtaining and maintaining an inventory of nuclear fuel pursuant to Capital Funds Agreements, dated as of May 20, 1968, with each of the Sponsors. Questions 10 and 11: The consideration for the Loans is cash. The proceeds of the Loans are used for general corporate purposes. The terms used in this Schedule and not defined herein are used as defined in the Credit Agreement.
EX-2 3 Exhibit 2 Maine Yankee Atomic Power Company Table I (Dollars in Thousands) Question 1 2 3 4 5 6 7 8 Loan No Activity All Notes under the Eurodollar Revolving Credit Agreement dated as of January 15, 1990, among Maine Yankee Atomic Power Company ("Maine Yankee"), Union Bank of Switzerland, as Agent, and the Banks listed below, as amended (the "Eurodollar Agreement"), are payable to the four lender banks (the "Banks") listed below in the ratio of each Bank's Commitment to the Aggregate Commitments of $35,000,000. The Banks, their name abbreviations for convenience of reference in this Schedule, and the amounts of their individual Commitments are as follows:
Bank and Name Abbreviation Commitment Union Bank of Switzerland ("UBS") $10,000,000 The Toronto-Dominion Bank ("TD") 10,000,000 The Bank of Nova Scotia ("BNS") 7,500,000 CIBC Inc. ("CI") 7,500,000 Aggregate Commitments $35,000,000
The Notes bear interest at a Base Rate based on the LIBOR rate for the applicable Interest Period, as described in the Eurodollar Agreement, with such fees as are provided in the Eurodollar Agreement. Question 9: The Notes are secured by a second lien on Maine Yankee's nuclear fuel inventory and its rights to payment for fuel costs from the electric utility companies that sponsor Maine Yankee (the "Sponsors") pursuant to Power Contracts dated as of May 20, 1968, as amended, and an Additional Power Contract dated as of February 1, 1984. The Notes are also secured by a second lien on Maine Yankee's rights to require the Sponsors to purchase the common stock of, or contribute capital or make loans or advances to, Maine Yankee to finance the costs of obtaining and maintaining an inventory of nuclear fuel pursuant to Capital Funds Agreements, dated as of May 20, 1968, with each of the Sponsors. Questions 10 and 11: The consideration for the Loans is cash. The proceeds of the Loans are used for general corporate purposes. The terms used in this Schedule and not defined herein are used as defined in the Credit Agreement.
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