0000912057-01-534406.txt : 20011010
0000912057-01-534406.hdr.sgml : 20011010
ACCESSION NUMBER: 0000912057-01-534406
CONFORMED SUBMISSION TYPE: 424B5
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011004
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: QUESTAR GAS CO
CENTRAL INDEX KEY: 0000068589
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923]
IRS NUMBER: 870407509
STATE OF INCORPORATION: UT
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 424B5
SEC ACT: 1933 Act
SEC FILE NUMBER: 333-69210
FILM NUMBER: 1751925
BUSINESS ADDRESS:
STREET 1: 180 E FIRST SOUTH ST
STREET 2: PO BOX 45433
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84145-0433
BUSINESS PHONE: 8013245555
MAIL ADDRESS:
STREET 1: 180 EAST FIRST SOUTH ST
STREET 2: P O BOX 11150
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84147
FORMER COMPANY:
FORMER CONFORMED NAME: MOUNTAIN FUEL SUPPLY CO
DATE OF NAME CHANGE: 19920703
424B5
1
a2060501z424b5.txt
424B5
Pricing Supplement Dated October 3, 2001 Rule 424(b)(5)
(To Prospectus dated October 2, 2001) File No. 333-69210
No. 001
CUSIP No. 74835WAA3
QUESTAR GAS COMPANY
Fixed Rate Medium-Term Notes, Series D
We are hereby offering to sell Notes having the terms specified below to
you with the assistance of Merrill Lynch & Co., Banc One Capital Markets, Inc.
and U.S. Bancorp Piper Jaffray, acting as agents, at an offering price of 100%
of the Principal Amount.
PRINCIPAL AMOUNT: $60,000,000 ORIGINAL ISSUE DATE: October 9, 2001
AGENTS' DISCOUNT OR COMMISSION: $375,000 STATED MATURITY DATE: October 1, 2012
NET PROCEEDS TO COMPANY: $59,625,000 INTEREST PAYMENT DATES: April 1st and
October 1st, commencing April 1, 2002.
INTEREST RATE: 6.30% per annum
OPTIONAL REDEMPTION:
The Notes may be redeemable as a whole or in part, at the option of the
Company at any time, at a redemption price equal to the greater of (i) 100%
of the principal amount of such Notes and (ii) the sum of the present
values of the remaining scheduled payments of principal and interest
thereon (exclusive of interest accrued to the date of redemption)
discounted to the redemption date on a semiannual basis (assuming a 360-day
year consisting of twelve 30-day months) at the Treasury Rate plus
twenty-five (25) basis points, plus in each case accrued interest thereon
to the date of redemption.
"Treasury Rate" means, with respect to any redemption date, the rate per
annum equal to the semiannual equivalent yield to maturity or interpolated
(on a date count basis) of the Comparable Treasury Issue, assuming a price
for the Comparable Treasury Issue (expressed as a percentage of its
principal amount) equal to the Comparable Treasury Price for such
redemption date.
"Comparable Treasury Issue" means the United States Treasury security
selected by an Independent Investment Banker as having an actual or
interpolated maturity comparable to the remaining term of the Notes to be
redeemed that would be utilized, at the time of selection and in accordance
with customary financial practice, in pricing new issues of corporate debt
securities of a comparable maturity to the remaining term of such Notes.
"Independent Investment Banker" means one of the Reference Treasury Dealers
appointed by the Trustee after consultation with the Company.
"Comparable Treasury Price" means, with respect to any redemption date, (i)
the average of the Reference Treasury Dealer Quotations for such redemption
date, after excluding the highest and lowest such Reference Treasury Dealer
Quotations, or (ii) if the Trustee obtains fewer than four such Reference
Treasury Dealer Quotations, the average of all such quotations. "Reference
Treasury Dealer Quotations" means, with respect to each Reference Treasury
Dealer and any redemption date, the average, as determined by the Trustee,
of the bid and asked prices for the Comparable Treasury Issue (expressed in
each case as a percentage of its principal amount) quoted in writing to the
Trustee by such Reference Treasury Dealer at 3:30 p.m. New York time on the
third business day preceding such redemption date.
Questar Gas Company - Fixed Rate Medium-Term Notes, Series D
Pricing Supplement Dated October 3, 2001
No. 001
OPTIONAL REDEMPTION CONTINUED:
"Reference Treasury Dealer" means each of Merrill Lynch Government
Securities Inc., Banc One Capital Markets, Inc. and U.S. Bancorp Piper
Jaffray, or their affiliates which are U.S. Government securities
dealers, and their respective successors; provided, however, that if any
of the foregoing or their affiliates shall cease to be a primary U.S.
Government securities dealer in The City of New York (a "Primary
Treasury Dealer"), the Company shall substitute therefor another Primary
Treasury Dealer.
Notice of any redemption will be mailed at least 30 days but not more than
60 days before the redemption date to each holder of Notes to be redeemed.
Unless the Company defaults in payment of the redemption price, on and
after the redemption date interest will cease to accrue on the Notes or
portions thereof called for redemption.
REPAYMENT:
Except as set forth under the redemption provisions above, the Notes may
not be repaid prior to the Stated Maturity Date.
OTHER PROVISIONS:
The Notes are offered at 100% of the Principal Amount.
The Notes are offered in Book-Entry form.
NAME OF AGENT: PRINCIPAL AMOUNT
Merrill Lynch & Co. $20,000,000
Banc One Capital Markets, Inc. 20,000,000
U.S. Bancorp Piper Jaffray 20,000,000
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$60,000,000
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