-----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, ISI9984Q6eq9PCDZbf5q4lIH7YiYrBQNbAwBAuEOJqEZHReMPsWz0eXiUrltlc+D AgymxYa3pitXfm+xb58cMQ== 0001193125-07-142008.txt : 20070626 0001193125-07-142008.hdr.sgml : 20070626 20070625182308 ACCESSION NUMBER: 0001193125-07-142008 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070626 DATE AS OF CHANGE: 20070625 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEVADA POWER CO CENTRAL INDEX KEY: 0000071180 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880045330 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-130189 FILM NUMBER: 07939778 BUSINESS ADDRESS: STREET 1: 6226 W SAHARA AVE CITY: LAS VEGAS STATE: NV ZIP: 89146 BUSINESS PHONE: 7023675000 MAIL ADDRESS: STREET 1: P O BOX 98910 CITY: LAS VEGAS STATE: NV ZIP: 89151 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NEVADA POWER CO DATE OF NAME CHANGE: 19701113 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEVADA POWER CO CENTRAL INDEX KEY: 0000071180 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880045330 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 6226 W SAHARA AVE CITY: LAS VEGAS STATE: NV ZIP: 89146 BUSINESS PHONE: 7023675000 MAIL ADDRESS: STREET 1: P O BOX 98910 CITY: LAS VEGAS STATE: NV ZIP: 89151 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NEVADA POWER CO DATE OF NAME CHANGE: 19701113 FWP 1 dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-130189

June 25, 2007

NEVADA POWER COMPANY

$350,000,000

6.750% General and Refunding Mortgage Notes,

Series R, due 2037

 

Issuer:    Nevada Power Company
Issue:    6.750% General and Refunding Mortgage Notes, Series R, due 2037
Ratings:*    Ba1/BB+/BBB-/BBB(low)(Moody’s/S&P/Fitch/Dominion)
Offering Size:    $350,000,000
Coupon:    6.750%
Trade Date:    June 25, 2007
Settlement Date:    June 28, 2007 (T+3)
Stated Maturity:    July 1, 2037
Initial Public Offering Price:    99.973%
Yield to Maturity:    6.752%
Benchmark Treasury:    4.500% due February 2036
Benchmark Treasury Yield:    5.222%
Spread to Benchmark Treasury:    +153bps
Optional Redemption:    Make-whole call, 30bps spread over U.S. Treasuries
Interest Payment Dates:    January 1 and July 1 of each year, commencing on January 1, 2008
CUSIP Number:    641423 BU 1
Bookrunners:   

Credit Suisse Securities (USA) LLC

Merrill Lynch, Pierce, Fenner & Smith Incorporated

UBS Securities LLC

* A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.

The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which the 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 obtain these documents free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriters or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Credit Suisse Securities (USA) LLC, toll free at 1-800-221-1037, Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-866-500-5408 or UBS Securities LLC at 1-888-722-9555, ext. 1088.

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