-----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, QlMCkbK8GxrvG8alnbcSyuJ/mXALoi2e6l7Au+I/tLWr7/xbjYqckV1irYruijqV NOXimj4q70pNerZaw06b4A== 0000950120-03-000084.txt : 20030221 0000950120-03-000084.hdr.sgml : 20030221 20030221165726 ACCESSION NUMBER: 0000950120-03-000084 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030221 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: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-100326 FILM NUMBER: 03576403 BUSINESS ADDRESS: STREET 1: 220 NW SECOND AVE CITY: PORTLAND STATE: OR ZIP: 97209 BUSINESS PHONE: 5032264211 424B3 1 pricingsupp1.txt PRICING SUPPLEMENT NO. 1 Pricing supplement no. 1 Filing under Rule 424(b)(3) dated February 21, 2003 Registration No. 333-100326 (To prospectus dated January 15, 2003) $150,000,000 NORTHWEST NATURAL GAS COMPANY SECURED MEDIUM-TERM NOTES, SERIES B (A SERIES OF FIRST MORTGAGE BONDS) AND UNSECURED MEDIUM-TERM NOTES, SERIES B Due from Nine Months to 30 Years from Date of Issue
CUSIP No.: 66765R BR 6 Stated interest rate (%): 5.66% Secured X Unsecured Maturity date: February 25, 2033 --- --- Principal amount ($): $30,000,000 Original issue date: February 25, 2003 Issue price (%): 100.000% Interest payment dates: June 1 and December 1, commencing June 1, 2003 Selling Agent's commission (%): .750% Regular record dates: May 15 and November 15 Proceeds to Company (%): 99.250% Redeemable: Yes X No Repayable at the option of holder: Yes No X --- --- --- --- In whole Repayment Date: Not Applicable --- In whole or in part X Repayment Price: Not Applicable --- Fixed redemption price: Yes No X Election Period: Not Applicable --- --- Initial redemption date: Not Applicable Other Terms: Not Applicable Initial redemption price: Not Applicable Selling Agent(s): Reduction Percentage: Not Applicable Merrill Lynch & Co. X --- Redemption limitation date: Not Applicable UBS Warburg LLC X --- Make-Whole Redemption Price: Yes X No Banc One Capital Markets, Inc. --- --- --- Make-Whole Spread: .25% U.S. Bancorp Piper Jaffray Inc. X ---
Agency Transaction |_|* or Principal Transaction |X|* Name of Principal(s): Merrill Lynch & Co. UBS Warburg LLC U.S. Bancorp Piper Jaffray Inc. *If the Agency Transaction box is checked, the notes are being offered directly by Northwest Natural Gas Company through any Agent, acting as agent for Northwest Natural Gas Company. If the Principal Transaction box is checked, however, the notes have been sold to the Agent(s), as principal, for resale to purchasers upon terms described in the prospectus, dated January 15, 2003 and this pricing supplement. If the Principal Transaction box is checked, the notes are being offered by the Agent(s), as principal, at a price to the public set forth above under "Issue price (%)"; the notes were purchased by the Agent(s), as principal, from Northwest Natural Gas Company at the price set forth above under "Proceeds to Company (%)"; and the Agent(s) received a fee equal to the difference, which is set forth above under "Selling Agent's commission (%)" as a percentage of the principal amount of the notes. ______________________________________ NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PRICING SUPPLEMENT OR THE ACCOMPANYING PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. ______________________________________
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