-----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, PxBYLw5vX0fEmsbQZccoPsFi1n6ylO/2+Zv2322ZjtEFOKXCqThdkL420NhCh8LY hcmU+Xj0xHJSOcn7XkdLtw== 0000071297-98-000032.txt : 19980511 0000071297-98-000032.hdr.sgml : 19980511 ACCESSION NUMBER: 0000071297-98-000032 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19980508 SROS: BSE SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW ENGLAND ELECTRIC SYSTEM CENTRAL INDEX KEY: 0000071297 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 041663060 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09109 FILM NUMBER: 98614140 BUSINESS ADDRESS: STREET 1: 25 RESEARCH DR CITY: WESTBOROUGH STATE: MA ZIP: 01581 BUSINESS PHONE: 5083669011 35-CERT 1 File No.70-9109 CERTIFICATE OF NOTIFICATION (Rule 24) SECURITIES AND EXCHANGE COMMISSION by NEW ENGLAND ELECTRIC SYSTEM (NEES) It is hereby certified that the transactions detailed below, which were covered by the Statement on Form U-l as amended and the Order of the Securities and Exchange Commission dated December 10, 1997 with respect thereto, have been carried out in accordance with the terms and conditions of and for the purposes represented in said Statement and Order of the Commission as follows: During the quarter ended March 31, 1998, NEES made new money borrowings as indicated in Exhibit A-1 hereto. The maximum concurrent amount of short-term borrowings outstanding during the quarter and the amount outstanding at the end of the quarter is shown in Exhibit A-1. SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of l935, the undersigned company has duly caused this certificate of notification to be signed on its behalf by the undersigned officer thereunto duly authorized. NEW ENGLAND ELECTRIC SYSTEM s/John G. Cochrane By John G. Cochrane Treasurer Date: May 8, 1998 The name "New England Electric System" means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. EX-99 2 EXHIBIT INDEX Exhibit No. Description Page - ----------- ----------- ---- A-1 Borrowing Log Filed herewith EX-99 3 EXHIBIT A-1 Exhibit A-1 NEW ENGLAND ELECTRIC SYSTEM (TRUST) BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT ---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------ BEGINNING TOTAL @ 1/ 1/98 102000 1/ 2/98: COMM PAP MER LYNCH ROLLOVER 5.900% 5.904% 4 1/ 6/98 319.58 1278.33 1950 MATURITIES ( 21000) ------ DAILY TOTAL ( 19050) 82950 1/ 5/98: COMM PAP MER LYNCH ROLLOVER 5.680% 5.682% 2 1/ 7/98 1183.33 2366.67 7500 MATURITIES ( 7500) ------ DAILY TOTAL 0 82950 1/ 6/98: COMM PAP MER LYNCH ROLLOVER 5.530% 5.532% 2 1/ 8/98 299.54 599.08 1950 COMM PAP MER LYNCH NEW MONEY 5.530% 5.532% 2 1/ 8/98 307.22 614.44 2000 ------ TOTAL BORROWINGS 3950 MATURITIES ( 1950) ------ DAILY TOTAL 2000 84950 1/ 7/98: COMM PAP MER LYNCH ROLLOVER 5.480% 5.484% 5 1/12/98 1141.67 5708.33 7500 COMM PAP MER LYNCH NEW MONEY 5.480% 5.484% 5 1/12/98 334.89 1674.44 2200 ------ TOTAL BORROWINGS 9700 MATURITIES ( 7500) ------ DAILY TOTAL 2200 87150 1/ 8/98: COMM PAP MER LYNCH ROLLOVER 5.400% 5.401% 1 1/ 9/98 592.50 592.50 3950 COMM PAP MER LYNCH NEW MONEY 5.400% 5.401% 1 1/ 9/98 135.00 135.00 900 ------ TOTAL BORROWINGS 4850 MATURITIES ( 3950) ------ DAILY TOTAL 900 88050 1/ 9/98: COMM PAP MER LYNCH ROLLOVER 5.470% 5.473% 4 1/13/98 736.93 2947.72 4850 MATURITIES ( 4850) ------ DAILY TOTAL 0 88050 1/12/98: COMM PAP MER LYNCH ROLLOVER 5.510% 5.543% 39 2/20/98 1484.64 57900.92 9700 COMM PAP MER LYNCH NEW MONEY 5.570% 5.573% 3 1/15/98 1218.44 3655.31 7875 ------ TOTAL BORROWINGS 17575 MATURITIES ( 9700) ------ DAILY TOTAL 7875 95925 1/13/98: COMM PAP MER LYNCH ROLLOVER 5.490% 5.491% 1 1/14/98 739.63 739.63 4850 COMM PAP MER LYNCH NEW MONEY 5.490% 5.491% 1 1/14/98 11.44 11.44 75 ------ TOTAL BORROWINGS 4925 MATURITIES ( 4850) ------ DAILY TOTAL 75 96000 1/14/98: COMM PAP MER LYNCH ROLLOVER 5.520% 5.555% 41 2/24/98 755.17 30961.84 4925 COMM PAP MER LYNCH NEW MONEY 5.520% 5.555% 41 2/24/98 38.33 1571.67 250 ------ TOTAL BORROWINGS 5175 MATURITIES ( 4925) ------ DAILY TOTAL 250 96250 1/15/98: COMM PAP MER LYNCH ROLLOVER 5.580% 5.581% 1 1/16/98 1220.63 1220.63 7875 COMM PAP MER LYNCH NEW MONEY 5.580% 5.581% 1 1/16/98 31.00 31.00 200 ------ TOTAL BORROWINGS 8075 MATURITIES ( 7875) ------ DAILY TOTAL 200 96450 1/16/98: COMM PAP MER LYNCH ROLLOVER 5.500% 5.556% 66 3/23/98 1233.68 81422.92 8075 COMM PAP MER LYNCH NEW MONEY 5.500% 5.556% 66 3/23/98 187.15 12352.08 1225 ------ TOTAL BORROWINGS 9300 MATURITIES ( 8075) ------ DAILY TOTAL 1225 97675 1/20/98: COMM PAP 1 ST BOST ROLLOVER 5.590% 5.592% 2 1/22/98 776.39 1552.78 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 97675 1/22/98: COMM PAP 1 ST BOST ROLLOVER 5.500% 5.505% 6 1/28/98 763.89 4583.33 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 97675 1/26/98: COMM PAP MER LYNCH ROLLOVER 5.580% 5.581% 1 1/27/98 775.00 775.00 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 97675 1/27/98: COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 2/ 2/98 770.83 4625.00 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 97675 1/28/98: COMM PAP 1 ST BOST ROLLOVER 5.640% 5.642% 2 1/30/98 783.33 1566.67 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 97675 1/30/98: COMM PAP 1 ST BOST ROLLOVER 5.630% 5.634% 5 2/ 4/98 781.94 3909.72 5000 COMM PAP 1 ST BOST NEW MONEY 5.630% 5.634% 5 2/ 4/98 78.19 390.97 500 ------ TOTAL BORROWINGS 5500 MATURITIES ( 5000) ------ DAILY TOTAL 500 98175 2/ 2/98: COMM PAP 1 ST BOST ROLLOVER 5.700% 5.704% 4 2/ 6/98 791.67 3166.67 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 98175 2/ 4/98: COMM PAP 1 ST BOST ROLLOVER 5.520% 5.525% 6 2/10/98 843.33 5060.00 5500 MATURITIES ( 5500) ------ DAILY TOTAL 0 98175 2/ 5/98: COMM PAP MER LYNCH NEW MONEY 5.470% 5.471% 1 2/ 6/98 6130.96 6130.96 40350 COMM PAP 1 ST BOST NEW MONEY 5.470% 5.471% 1 2/ 6/98 6077.78 6077.78 40000 ------ TOTAL BORROWINGS 80350 178525 2/ 6/98: COMM PAP MER LYNCH ROLLOVER 5.540% 5.567% 31 3/ 9/98 3077.78 95411.12 20000 COMM PAP MER LYNCH ROLLOVER 5.500% 5.577% 90 5/ 7/98 3872.92 348562.52 25350 COMM PAP 1 ST BOST ROLLOVER 5.520% 5.571% 60 4/ 7/98 3066.67 184000.00 20000 COMM PAP 1 ST BOST ROLLOVER 5.450% 5.547% 116 6/ 2/98 3027.78 351222.20 20000 ------ TOTAL BORROWINGS 85350 MATURITIES ( 85350) ------ DAILY TOTAL 0 178525 2/10/98: COMM PAP 1 ST BOST ROLLOVER 5.550% 5.552% 2 2/12/98 847.92 1695.83 5500 MATURITIES ( 5500) ------ DAILY TOTAL 0 178525 2/12/98: COMM PAP 1 ST BOST ROLLOVER 5.550% 5.565% 18 3/ 2/98 847.92 15262.50 5500 MATURITIES ( 5500) ------ DAILY TOTAL 0 178525 2/17/98: MATURITIES ( 5000) 173525 2/20/98: MATURITIES ( 10700) 162825 2/24/98: MATURITIES ( 9175) 153650 3/ 2/98: MATURITIES ( 5500) 148150 3/ 9/98: MATURITIES ( 20000) 128150 3/19/98: MATURITIES ( 5000) 123150 3/23/98: COMM PAP MER LYNCH ROLLOVER 5.650% 5.665% 17 4/ 9/98 2244.31 38153.20 14300 MATURITIES ( 14300) ------ DAILY TOTAL 0 123150 3/24/98: COMM PAP 1 ST BOST ROLLOVER 5.680% 5.687% 8 4/ 1/98 2169.44 17355.56 13750 MATURITIES ( 15750) ------ DAILY TOTAL ( 2000) 121150 3/27/98: COMM PAP MER LYNCH ROLLOVER 5.700% 5.705% 5 4/ 1/98 1900.00 9500.00 12000 COMM PAP 1 ST BOST ROLLOVER 5.600% 5.615% 17 4/13/98 2450.00 41650.00 15750 ------ TOTAL BORROWINGS 27750 MATURITIES ( 27750) ------ DAILY TOTAL 0 121150 TEMPORARY BORROWING STATISTICS ------------------------------ 1/ 1/98 TO 3/31/98 -------------------- BORROWINGS AT 3/31/98 $121150016
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