-----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, VwwObWPvpWpxr+SKJ1g9wE62HW1dWyO5z+qjXQFBX0JSix+QRCHkBvwHV+1Yb+yJ WEvYEDuO5CRw/bsDE2+QDw== 0000071297-98-000043.txt : 19980716 0000071297-98-000043.hdr.sgml : 19980716 ACCESSION NUMBER: 0000071297-98-000043 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19980715 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: 98666588 BUSINESS ADDRESS: STREET 1: 25 RESEARCH DR CITY: WESTBOROUGH STATE: MA ZIP: 01582 BUSINESS PHONE: 5083669011 MAIL ADDRESS: STREET 1: 25 RESEARCH DR CITY: WESTBOROUGH STATE: MA ZIP: 01582 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 June 30, 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: July 15, 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 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 @ 4/ 1/98 121150 4/ 1/98: COMM PAP MER LYNCH ROLLOVER 5.810% 5.811% 1 4/ 2/98 581.00 581.00 3600 MATURITIES ( 25750) ------ DAILY TOTAL ( 22150) 99000 4/ 2/98: COMM PAP MER LYNCH ROLLOVER 5.600% 5.624% 28 4/30/98 560.00 15680.00 3600 COMM PAP MER LYNCH NEW MONEY 5.600% 5.624% 28 4/30/98 560.00 15680.00 3600 ------ TOTAL BORROWINGS 7200 MATURITIES ( 3600) ------ DAILY TOTAL 3600 102600 4/ 6/98: COMM PAP MER LYNCH NEW MONEY 5.570% 5.576% 7 4/13/98 464.17 3249.17 3000 105600 4/ 7/98: COMM PAP 1 ST BOST ROLLOVER 5.550% 5.561% 13 4/20/98 3083.33 40083.33 20000 MATURITIES ( 20000) ------ DAILY TOTAL 0 105600 4/ 9/98: COMM PAP MER LYNCH ROLLOVER 5.570% 5.600% 35 5/14/98 2212.53 77438.47 14300 COMM PAP 1 ST BOST NEW MONEY 5.550% 5.553% 4 4/13/98 462.50 1850.00 3000 ------ TOTAL BORROWINGS 17300 MATURITIES ( 14300) ------ DAILY TOTAL 3000 108600 4/13/98: COMM PAP MER LYNCH ROLLOVER 5.560% 5.563% 3 4/16/98 463.33 1390.00 3000 COMM PAP MER LYNCH NEW MONEY 5.560% 5.563% 3 4/16/98 308.89 926.67 2000 COMM PAP 1 ST BOST ROLLOVER 5.600% 5.626% 30 5/13/98 2916.67 87500.01 18750 ------ TOTAL BORROWINGS 23750 MATURITIES ( 21750) ------ DAILY TOTAL 2000 110600 4/15/98: COMM PAP MER LYNCH NEW MONEY 5.570% 5.596% 30 5/15/98 464.17 13925.00 3000 113600 4/16/98: COMM PAP MER LYNCH NEW MONEY 5.560% 5.595% 40 5/26/98 772.22 30888.89 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 113600 4/17/98: COMM PAP 1 ST BOST NEW MONEY 5.580% 5.610% 35 5/22/98 465.00 16275.00 3000 116600 4/20/98: COMM PAP 1 ST BOST ROLLOVER 5.560% 5.572% 14 5/ 4/98 3088.89 43244.45 20000 MATURITIES ( 20000) ------ DAILY TOTAL 0 116600 4/21/98: COMM PAP MER LYNCH NEW MONEY 5.560% 5.568% 9 4/30/98 772.22 6950.00 5000 121600 4/23/98: COMM PAP 1 ST BOST NEW MONEY 5.570% 5.595% 29 5/22/98 618.89 17947.78 4000 125600 4/27/98: COMM PAP 1 ST BOST NEW MONEY 5.590% 5.604% 16 5/13/98 776.39 12422.22 5000 130600 4/30/98: COMM PAP MER LYNCH ROLLOVER 5.570% 5.593% 27 5/27/98 1887.61 50965.50 12200 MATURITIES ( 12200) ------ DAILY TOTAL 0 130600 5/ 4/98: COMM PAP 1 ST BOST ROLLOVER 5.580% 5.606% 30 6/ 3/98 3100.00 93000.01 20000 MATURITIES ( 20000) ------ DAILY TOTAL 0 130600 5/ 7/98: COMM PAP MER LYNCH ROLLOVER 5.550% 5.561% 13 5/20/98 3908.13 50805.63 25350 COMM PAP 1 ST BOST NEW MONEY 5.470% 5.474% 5 5/12/98 835.69 4178.47 5500 ------ TOTAL BORROWINGS 30850 MATURITIES ( 25350) ------ DAILY TOTAL 5500 136100 5/11/98: COMM PAP 1 ST BOST NEW MONEY 5.570% 5.610% 46 6/26/98 1237.78 56937.78 8000 144100 5/12/98: COMM PAP 1 ST BOST ROLLOVER 5.590% 5.616% 30 6/11/98 854.03 25620.84 5500 MATURITIES ( 5500) ------ DAILY TOTAL 0 144100 5/13/98: COMM PAP 1 ST BOST ROLLOVER 5.590% 5.628% 43 6/25/98 3687.85 158577.44 23750 COMM PAP 1 ST BOST NEW MONEY 5.590% 5.628% 43 6/25/98 504.65 21700.07 3250 ------ TOTAL BORROWINGS 27000 MATURITIES ( 23750) ------ DAILY TOTAL 3250 147350 5/14/98: COMM PAP MER LYNCH ROLLOVER 5.600% 5.636% 41 6/24/98 2224.44 91202.23 14300 MATURITIES ( 14300) ------ DAILY TOTAL 0 147350 5/15/98: COMM PAP MER LYNCH ROLLOVER 5.590% 5.621% 35 6/19/98 465.83 16304.17 3000 COMM PAP MER LYNCH NEW MONEY 5.590% 5.621% 35 6/19/98 854.03 29890.97 5500 ------ TOTAL BORROWINGS 8500 MATURITIES ( 3000) ------ DAILY TOTAL 5500 152850 5/19/98: COMM PAP MER LYNCH NEW MONEY 5.580% 5.616% 41 6/29/98 465.00 19065.00 3000 155850 5/20/98: COMM PAP MER LYNCH ROLLOVER 5.570% 5.599% 34 6/23/98 3922.21 133355.09 25350 COMM PAP MER LYNCH NEW MONEY 5.570% 5.599% 34 6/23/98 773.61 26302.78 5000 ------ TOTAL BORROWINGS 30350 MATURITIES ( 25350) ------ DAILY TOTAL 5000 160850 5/21/98: COMM PAP MER LYNCH NEW MONEY 5.580% 5.614% 39 6/29/98 465.00 18135.00 3000 163850 5/22/98: COMM PAP 1 ST BOST ROLLOVER 5.570% 5.585% 17 6/ 8/98 1083.06 18411.95 7000 MATURITIES ( 7000) ------ DAILY TOTAL 0 163850 5/26/98: COMM PAP MER LYNCH ROLLOVER 5.590% 5.608% 21 6/16/98 776.39 16304.17 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 163850 5/27/98: COMM PAP MER LYNCH ROLLOVER 5.600% 5.618% 21 6/17/98 1897.78 39853.33 12200 COMM PAP MER LYNCH NEW MONEY 5.610% 5.622% 14 6/10/98 1106.42 15489.83 7100 ------ TOTAL BORROWINGS 19300 MATURITIES ( 12200) ------ DAILY TOTAL 7100 170950 5/28/98: COMM PAP 1 ST BOST NEW MONEY 5.580% 5.598% 21 6/18/98 1174.13 24656.63 7575 178525 5/29/98: COMM PAP MER LYNCH NEW MONEY 5.590% 5.643% 60 7/28/98 15217.22 913033.28 98000 COMM PAP 1 ST BOST NEW MONEY 5.590% 5.643% 60 7/28/98 15217.22 913033.28 98000 ------ TOTAL BORROWINGS 196000 374525 6/ 2/98: COMM PAP 1 ST BOST ROLLOVER 5.590% 5.642% 59 7/31/98 3105.56 183227.78 20000 MATURITIES ( 20000) ------ DAILY TOTAL 0 374525 6/ 3/98: COMM PAP 1 ST BOST ROLLOVER 5.580% 5.630% 57 7/30/98 2480.00 141360.00 16000 MATURITIES ( 20000) ------ DAILY TOTAL ( 4000) 370525 6/ 8/98: MATURITIES ( 7000) 363525 6/10/98: MATURITIES ( 7100) 356425 6/11/98: MATURITIES ( 5500) 350925 6/15/98: COMM PAP MER LYNCH NEW MONEY 5.580% 5.604% 28 7/13/98 2580.75 72261.01 16650 COMM PAP 1 ST BOST NEW MONEY 5.580% 5.606% 30 7/15/98 2658.25 79747.51 17150 COMM PAP 1 ST BOST NEW MONEY 5.580% 5.605% 29 7/14/98 1550.00 44950.00 10000 ------ TOTAL BORROWINGS 43800 394725 6/16/98: COMM PAP MER LYNCH ROLLOVER 5.600% 5.631% 35 7/21/98 777.78 27222.22 5000 MATURITIES ( 5000) ------ DAILY TOTAL 0 394725 6/17/98: COMM PAP MER LYNCH ROLLOVER 5.610% 5.636% 30 7/17/98 1901.17 57035.00 12200 MATURITIES ( 12200) ------ DAILY TOTAL 0 394725 6/18/98: COMM PAP 1 ST BOST ROLLOVER 5.630% 5.649% 21 7/ 9/98 1184.65 24877.57 7575 MATURITIES ( 7575) ------ DAILY TOTAL 0 394725 6/19/98: COMM PAP 1 ST BOST ROLLOVER 5.620% 5.650% 34 7/23/98 1326.94 45116.11 8500 MATURITIES ( 8500) ------ DAILY TOTAL 0 394725 6/23/98: COMM PAP MER LYNCH ROLLOVER 5.620% 5.652% 36 7/29/98 4737.97 170566.98 30350 COMM PAP MER LYNCH NEW MONEY 5.620% 5.652% 36 7/29/98 772.75 27819.00 4950 ------ TOTAL BORROWINGS 35300 MATURITIES ( 30350) ------ DAILY TOTAL 4950 399675 6/24/98: COMM PAP MER LYNCH ROLLOVER 5.630% 5.663% 37 7/31/98 2236.36 82745.36 14300 COMM PAP MER LYNCH NEW MONEY 5.630% 5.663% 37 7/31/98 719.39 26617.39 4600 ------ TOTAL BORROWINGS 18900 MATURITIES ( 14300) ------ DAILY TOTAL 4600 404275 6/25/98: COMM PAP 1 ST BOST ROLLOVER 5.620% 5.648% 32 7/27/98 4215.00 134879.98 27000 COMM PAP 1 ST BOST NEW MONEY 5.620% 5.648% 32 7/27/98 1264.50 40464.00 8100 ------ TOTAL BORROWINGS 35100 MATURITIES ( 27000) ------ DAILY TOTAL 8100 412375 6/26/98: COMM PAP 1 ST BOST ROLLOVER 5.720% 5.724% 4 6/30/98 858.00 3432.00 5400 MATURITIES ( 8000) ------ DAILY TOTAL ( 2600) 409775 6/29/98: MATURITIES ( 6000) 403775 6/30/98: MATURITIES ( 5400) 398375 TEMPORARY BORROWING STATISTICS ------------------------------ 4/ 1/98 TO 6/30/98 -------------------- BORROWINGS AT 6/30/98 $398375040
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