0000073020-17-000029.txt : 20170913 0000073020-17-000029.hdr.sgml : 20170913 20170913171748 ACCESSION NUMBER: 0000073020-17-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20170913 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170913 DATE AS OF CHANGE: 20170913 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHWEST NATURAL GAS CO CENTRAL INDEX KEY: 0000073020 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 930256722 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15973 FILM NUMBER: 171083763 BUSINESS ADDRESS: STREET 1: ONE PACIFIC SQUARE STREET 2: 220 NW SECOND AVE CITY: PORTLAND STATE: OR ZIP: 97209 BUSINESS PHONE: 5032264211 MAIL ADDRESS: STREET 1: 220 NW SECOND AVENUE CITY: PORTLAND STATE: OR ZIP: 97209 8-K 1 a8-kreportingmtnfmbissuance.htm FORM 8-K Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
         
Washington, D.C. 20549

Form 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

September 13, 2017
Date of Report (Date of earliest event reported)

logo_8k12016a04.gif

NORTHWEST NATURAL GAS COMPANY
(Exact name of registrant as specified in its charter)
Commission File No. 1-15973

 
Oregon
 
93-0256722
 
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)

220 N.W. Second Avenue, Portland, Oregon 97209
(Address of principal executive offices) (Zip Code)

Registrant’s Telephone Number, including area code: (503) 226-4211

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company     o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                                             o





Item 8.01.
Other Events.

On September 13, 2017, Northwest Natural Gas Company (NW Natural) issued and sold $100,000,000 aggregate principal amount of Secured Medium Term Notes, consisting of $25,000,000 aggregate principal amount of 2.822% Secured Medium-Term Notes due 2027, and $75,000,000 aggregate principal amount of 3.685% Secured Medium-Term Notes due 2047 (the “Notes”). The Notes were offered for sale pursuant to a registration statement on Form S-3 (SEC File No. 333-214496) (the “Registration Statement”), which became automatically effective upon filing with the Securities and Exchange Commission on November 8, 2016, and a Pricing Supplement, dated September 6, 2017, to a Prospectus Supplement, dated November 8, 2016, to a Prospectus, dated November 8, 2016.

In connection with the offering and sale of the Notes, NW Natural is filing two legal opinions regarding the validity of the Notes as Exhibit 5(a) and 5(b) to this Form 8-K for the purpose of incorporating the opinions into the Registration Statement.

Item 9.01
Financial Statements and Exhibits.
 
 

(d) Exhibits

See Exhibit Index.






Exhibit Index






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
 
 
 
NORTHWEST NATURAL GAS COMPANY
 
(Registrant)
 
 
Dated: September 13, 2017
/s/ Frank Burkhartsmeyer
 
Senior Vice President and Chief Financial Officer
 
 



EX-5.(A) 2 exhibit5alegalopinion.htm EXHIBIT 5.(A) Exhibit





Exhibit 5(a)

September 13, 2017
Northwest Natural Gas Company
220 N.W. Second Avenue
Portland, Oregon 97209
Ladies and Gentlemen:
With respect to Registration Statement No. 333-214496 (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on November 8, 2016 by Northwest Natural Gas Company (the “Company”), I have reviewed such documents and records as I have deemed necessary to enable me to express an opinion on the matters covered hereby. The Registration Statement relates to, among other things, the offer and sale of $100,000,000 aggregate principal amount of the Company’s Secured Medium Term Notes, Series B, consisting of $25,000,000 aggregate principal amount of 2.822% Secured Medium-Term Notes, Series B due 2027 and $75,000,000 aggregate principal amount of 3.685% Secured Medium-Term Notes, Series B due 2047 (the “Notes”), issued under the Mortgage and Deed of Trust, dated as of July 1, 1946, as amended and supplemented (the “Mortgage”), between the Company and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as trustee (the “Trustee”).
Based upon the foregoing, I am of the opinion that:
1. the Company is a corporation validly existing under the laws of the State of Oregon; and
2. the Notes are legally issued and binding obligations of the Company.
For purposes of the opinions set forth above, I have assumed that the Notes have been duly authenticated, in accordance with the Mortgage, by the Trustee under the Mortgage.
I hereby consent to the filing of this opinion as an exhibit to a Current Report on Form 8-K to be filed by the Company on or about September 13, 2017, which will be incorporated by reference in the Registration Statement. In giving the foregoing consent, I do not thereby admit that I come within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

This opinion is limited to the laws of the States of New York and Oregon and the federal laws of the United States. As to all matters of New York law, I have relied upon an opinion of even date herewith addressed to you by Morgan, Lewis & Bockius LLP.
 
 
Very truly yours,
 
/s/ MardiLyn Saathoff, Esq.
 
MardiLyn Saathoff, Esq.
Senior Vice President, Regulation
and General Counsel




EX-5.(B) 3 exhibit5bmtnfinancing.htm EXHIBIT 5.(B) Exhibit




Exhibit 5(b)

September 13, 2017
Northwest Natural Gas Company
220 N.W. Second Avenue
Portland, Oregon 97209
Ladies and Gentlemen:
With respect to Registration Statement No. 333-214496 (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on November 8, 2016 by Northwest Natural Gas Company (the “Company”), we have reviewed such documents and records as we have deemed necessary to enable us to express an opinion on the matters covered hereby. The Registration Statement relates to, among other things, the offer and sale of $100,000,000 aggregate principal amount of the Company’s Secured Medium Term Notes, Series B, consisting of $25,000,000 aggregate principal amount of 2.822% Secured Medium-Term Notes, Series B due 2027 and $75,000,000 aggregate principal amount of 3.685% Secured Medium-Term Notes, Series B due 2047 (the “Notes”), issued under the Mortgage and Deed of Trust, dated as of July 1, 1946, as amended and supplemented (the “Mortgage”), between the Company and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as trustee (the “Trustee”).
Based upon the foregoing, we are of the opinion that:
1. the Company is a corporation validly existing under the laws of the State of Oregon; and
2. the Notes are legally issued and binding obligations of the Company.
For purposes of the opinions set forth above, we have assumed that the Notes have been duly authenticated, in accordance with the Mortgage, by the Trustee under the Mortgage.
We hereby consent to the filing of this opinion as an exhibit to a Current Report on Form 8-K to be filed by the Company on or about September 13, 2017, which will be incorporated by reference in the Registration Statement. In giving the foregoing consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

This opinion is limited to the laws of the States of New York and Oregon and the federal laws of the United States. As to all matters of Oregon law, we have relied upon an opinion of even date herewith addressed to you by MardiLyn Saathoff, Esq.

 
Very truly yours,
 
/s/ Morgan, Lewis & Bockius LLP
 
MORGAN, LEWIS & BOCKIUS LLP




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