0001193125-11-246027.txt : 20110913 0001193125-11-246027.hdr.sgml : 20110913 20110912174657 ACCESSION NUMBER: 0001193125-11-246027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20110912 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110913 DATE AS OF CHANGE: 20110912 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: 111086478 BUSINESS ADDRESS: STREET 1: 220 NW SECOND AVE CITY: PORTLAND STATE: OR ZIP: 97209 BUSINESS PHONE: 5032264211 8-K 1 d231158d8k.htm FORM 8-K Form 8-K

 

 

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 12, 2011

Date of Report (Date of earliest event reported)

 

 

LOGO

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On September 12, 2011, Northwest Natural Gas Company (NW Natural) issued and sold $50,000,000 aggregate principal amount of its 3.176% Secured Medium-Term Notes due 2021 (the Notes) pursuant to the terms of a Distribution Agreement, dated March 18, 2009, among NW Natural and Banc of America Securities LLC, UBS Securities LLC, J.P. Morgan Securities Inc., Piper Jaffray & Co. and Wells Fargo Securities, LLC. The Notes are registered under NW Natural’s automatic shelf registration statement on Form S-3 (SEC File No. 333-171596) (the Registration Statement).

In connection with the issuance and sale of the Notes, NW Natural is filing two legal opinions regarding the legality 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

The following exhibits are being filed pursuant to Item 8.01 herein.

 

Exhibit

 

Description

5(a)   Opinion of Margaret D. Kirkpatrick, Esquire, regarding the legality of the Notes.
5(b)   Opinion of Morgan, Lewis & Bockius LLP, regarding the legality of the Notes.


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 12, 2011      

/s/ David H. Anderson

      Senior Vice President and
      Chief Financial Officer


EXHIBIT INDEX

 

Exhibit

 

Description

5(a)   Opinion of Margaret D. Kirkpatrick, Esquire, regarding the legality of the Notes.
5(b)   Opinion of Morgan, Lewis & Bockius LLP, regarding the legality of the Notes.
EX-5.(A) 2 d231158dex5a.htm OPINION OF MARGARET D. KIRKPATRICK, ESQUIRE, REGARDING THE LEGALITY OF THE NOTES Opinion of Margaret D. Kirkpatrick, Esquire, regarding the legality of the Notes

Exhibit 5(a)

[LETTERHEAD OF NORTHWEST NATURAL GAS COMPANY]

September 12, 2011

Northwest Natural Gas Company

220 N.W. Second Avenue

Portland, Oregon 97209

Ladies and Gentlemen:

With respect to Registration Statement No. 333-171596 (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on January 7, 2011 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 $50,000,000 aggregate principal amount of the Company’s 3.176% Secured Medium-Term Notes, Series B due 2021 (the “Notes”), issued under the Mortgage and Deed of Trust, dated as of July 1, 1946 (the “Mortgage”), between the Company and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as corporate trustee (the “Trustee”) and Stanley Burg (successor to R. G. Page and J. C. Kennedy).

Based upon the foregoing, I am of the opinion that:

1. the Company is a corporation duly organized and 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 12, 2011, 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/ Margaret D. Kirkpatrick, Esq.

Margaret D. Kirkpatrick, Esq.
EX-5.(B) 3 d231158dex5b.htm OPINION OF MORGAN, LEWIS AND BOCKIUS LLP, REGARDING THE LEGALITY OF THE NOTES Opinion of Morgan, Lewis and Bockius LLP, regarding the legality of the Notes

Exhibit 5(b)

[LETTERHEAD OF MORGAN, LEWIS & BOCKIUS LLP]

September 12, 2011

Northwest Natural Gas Company

220 N.W. Second Avenue

Portland, Oregon 97209

Ladies and Gentlemen:

With respect to Registration Statement No. 333-171596 (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on January 7, 2011 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 $50,000,000 aggregate principal amount of the Company’s 3.176% Secured Medium-Term Notes, Series B due 2021 (the “Notes”), issued under the Mortgage and Deed of Trust, dated as of July 1, 1946 (the “Mortgage”), between the Company and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as corporate trustee (the “Trustee”) and Stanley Burg (successor to R. G. Page and J. C. Kennedy).

Based upon the foregoing, we are of the opinion that:

1. the Company is a corporation duly organized and 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 12, 2011, 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 Margaret D. Kirkpatrick, Esq.

 

Very truly yours,

/s/ Morgan, Lewis & Bockius LLP

MORGAN, LEWIS & BOCKIUS LLP
GRAPHIC 4 g231158g81b12.jpg GRAPHIC begin 644 g231158g81b12.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`/`$,`P$1``(1`0,1`?_$`'8``0`#`0$!`0$````` M```````)"@L(!P8%`0$!`````````````````````!````8"`@$#`P,"!`0' M`````@,$!08'`0@`"1$2$PH4%18A%Q@B&3%!)"5A,K4V=L9'A[=X.1$!```` M`````````````````/_:``P#`0`"$0,1`#\`O\ M8&Q>]OKZ]KTK4S,K,U)35SH[.SHN-(0MK8VH2!G*%!PP%$E`$,8L!QG/`S1^ M_/Y,]B;*6*+6OKLL:25IKI5TT:'E\OF(+ET>FM[SJ$/B=W9E\9<21)W!@J*/ MR!M)5("_!:E]/(`I4X"FP4FR%P7H0[:FGM>TU02^7*&EOV?I8YKK_9",-I1* M$A8_&(S3(S:+(UE"]*.,V7EV<#DZ%L:VU"0,X\\XP!1)0!"$+`<9SP*!/RI MM\]YK3USHT5%P^10KJMV.9D+Z1>3%AU2/E_NIRI6OBS'9*%0A;G>N*VD;(A) M?XRUJ@!!*T!Q2X\P0R192EG1>S26HP:DP.1$MIZT`1!P:+/`V`>`X#@.`X#@.`X M#@.`X#@.`X#@.`X#@.`X#@.`X#@.`X#@.`X'S\LED7@<8D,VF\B9(C#HDS., MBE$IDKHB9(]'6!G2&KW5Z>G=Q.3H&QK;41`S3SSC`%E%AR(6<8QP,]+>WMXE MO?-V*:\=4.H[R_170N=7O%X[;$K;PKF66;)1&'N.)=8LE"HF?!NW7NF[1R::G#;E-5Y/LGMZCV3B`SZ$-$AR:B5)_&232\.WDLP' MCTYQC..!6TZ/N_1HV5LB7=25,U9,6MY8`%/@`#5)``-P>E+"UAP'`<"&7M][I*9Z=FR@'BXJ@M" MUT5_.UB-;1^VBR))CX]FN$\)5.9KF5*7=I"J$X$S4KZ8)(O'E./!@@>0YR'0 M=S]F=`5IUP2#L\@^'6[:`;*PCUJLR>"J6M+()$QO\@9HT-L*"\JDR%ID+"ZN MPT[FC5&%GHE:-0G,#@XO(.!Y[UD]JT'[2=2+)VNI2E;'BR.`3V=5PAK:8.D4 M'*IA)H7!XI,RD[0X-+BK94A4@%+DZ%.)287DM0`0C,8+](LAQYU7_(OUJ[3= ME)9JU#*5MVCK(CE=R*P4(+470\U-(@Q)^86211AN)8'58N)D;<4^_6")-+QC MZ5(H%G.,E^,A\MV9_)?U0ZQ]M#]1[$IJX+1E;+$H1*IE)J[70HMEB8IP!0XH MV-8B?GI`YJ7=%&LI'(P(`!`,A<4$(O5ZO`24]B_9I1G7%IH=NG8#>]V1!'!V MKMD@T=@2QE`^6"OLE02>RACJM\7(6H9),8`K>#!",\Y0HC<@P(7C'`_.ZK.R M:-]J6MCAM!!:4L:EX%^XLBKZ,)K*7QI:YS+\50LYCU)V;$97+TP&%.].9S9@ M1HPF"6(%&/3Z08$()+>!!%VG]^>N/4QL!2%&WS4MMRY-<<01SLZ>U_F,*VF& M1D@2A,\X'[@@FA\!_P"; MP'M779N]#>QC4&J=PJ_A4IKR)VP*:8:HE-%+.KD;9B%SR30)4->>PJUK6,*] M9&#%!/MF9S@DT&!X"/`@X#MK@.!XSL)L'3NJU-SV_K[G3)7-4UJQ*7^52E]4 MA((3IR,8"F;V]/YRI=WYY6#+2-Z!,$U6O6'%D$%C-,"'(1I=+_:Z/MUJ78V] M6RJP53`:UV8D5.5@VJG0UTD[_!VJ#026M4CFP@XRU-\K_P#U>/5Z?/Z^//Z\"37Y*O>E>.W=Q6-H96+'85"Z MPT],#HU8D5F#*[0>S;NG,96!&-QL9B7A2NC'7S4X%`/9&$X./JL@*]N8YHK3!.#2>L]P3YO-$$`OIG=_6PZJB3`^K]0C&U6&M#@6/ MUQY_X\"]3W>]K3AU&47KW?**`-MG-D[VCA]7SZ'*E9K>\+:M6P6PY),UL-<` MJ2$R"9MID>1&(!JP'HAC]11P0A-]TL.SJLM+37M?TW*E47S#MB-6]A8BK8Y) M&9"@*4DB`:$L#Y#)HPFC^X12G,9ZA'55L'$%`"6N++`(#.]^@"5Z(+ M](O:6!,(X&H?U_,BZ,Z&Z2QMT+]ESC^HVMK(XD^D8/:7---PQ`K+]!@0&!]" MA.+'@6,9QX_7&,\#%CVSF2@S=79BP8:\.+2K'M']D87+'V\=; MXHQ*W'8YM8CS():$35JBV5E*L%U(+`W1RZA"+$,9./!K&>%W/X87_ M`.5=I_\`W3M+_P"**+X%=OH##(90\[NR-;`J%J)*>%`EHG9H MQWBE]$IVU%Z`'H8F\NTL+2)`8S@(6]/D(?.`8X$+&W)]V=G&R/9EV"1!F.?: M^KN7&7-.5YAA^3HU4LOM:/TU3S2E+$2(Q6H:(\O;"Q`%Z,@;FQ2?GP$D6.!U M;O\`]H$CWEZVNHO1MB7.DEL"@H]+V.V61/A6L6/DWCLA,IC6]"5[F/4O=2J@ M29,\XR,8SWG(?/G'ZAJ0=:VI3;HOHCJ[JLA3I27&I:GCK9,SDF"O8BS) M19[P`96/2:6[6`]N1X!9R+/MC#CSGQP.X>!FR_-B1J7'>;3-O1$B4+%VL*U& MD3@\>L]2IM^6DD$@]6!%*2L)@T4 M/C:3)CKKH)UCL&3J!I(U!8MLK,I"J++R:8F8XQ>=Q/;LH`5C.,F#)0(3!8#Y M_7./'`IDU%8791\GKLCG5?H]I9=K_5;.QS*V&J,(G^4!K*AJBCCZVL42;6BO M8F_1E)-9ZJTAW0:?\`5=LYM_<- MAU_K+O4&+JHZHGD@7,\O*&28F:UKD_+3BYA+H$[1S)"]G9WM4J2-I#B8$M.2 M,PP/`G/^7OIAL1:VL#SMVJVL+9]9=8T- M8DHW)T;VV5D!;RE30<%O2IU):<18UJ@P85^>AWICVD[(M9K:MRBNR"Q=-HY" MKU<:X=:^AK=8RM!)7Q+7\$DPYDK-A]NUXWA5J$,D(0^DQ*>?Z$6,Y-].0`"% MNSY$1UI:P]!LD9(I;TZ2655:+4BOU=NQ:222(S&1+V&=5W$W^0C>F]['($YL ML^E..5`,7'F&84"":8;G.19"._X\]S7%8/Q^NS6>SVVK/F\ZC[MN$&/S676! M+9)+8^%HU%@KDTA8)(\O"QY90M;F:-4FPE.*P0I&(X'I,$(60Y@^&1?EZW'L M%NZAMZZK;M1"R4Y5BMF16/9$RG"-I5JYM("52IL2R9Y="$*E024$`S"@A&(` M<8SGQ^G`\]^3YV%[QZ7]L3?'M4-EK0IILLK1>M8K(&&-2,88Z?\`D]E7&B5O MC:S.H5S/&IH6%"1A-(4!25Y18+Q["HO'GR'0GQ+VS;:`;V]E5/;CN=SD7)"* MYJP,VBURRR321_1R$V7OF2M0G%FD'&$&`$(.' M^[SL;W@[&>V_'5%JG;DKIRI(U>K#JXTL,6E3U!T,_M0]S2QVQ)Y;+Q&C$[T\ M16,/JA8G(;A#4(R6UKRI`G$J/'P.!NS!J[8NB.<2#0U-V$7%,Z2V%J6-3IID M,5DTI8T+I'LR5Q;WEMCB20/LFDM22!!)(VH2.7V!U2Y=FL\K"D9A*@2B3%7VQLVT$WKR`!QE&)6[U!81S,A/(+:5`"OZ< MXS@X?ZX_3R%,[IV[C+^ZCKY#,H4-;/J!G:UN2WS02US&E9)NT)\Y(*DL;.." M>GC-F1Q,:(36+&##E"B-3.-J3`X4)A#">F/"4J2FB+$F4C#[O;&Y(QJ# MIU?]X&X2L\;U]H.?31J1A'DHD&8+"G!3&6)'D8LBR>O7HDJ),#SD0S30!QYS MG@9!O5#U.;(]O6QID`KD*B,UK'W!*_W_`'^]MQRR,UTPN:T1I^"0>M*7)K"D M?@[#0RE'%FJC`C..&G1DJ%)0:[.D&CVN_7MKW#];-:86GBD&C!.%+JYJ/:52 MR?2Q2G3E/<]GKX$DDY_EC^8G"(XW(0$IR@%IDQ1"0@@@L.NN`X%'OYI5,W#< M,(Z]$U25/9MIGL4JV7/?"JX@4KG`V4E>T4>6@,=\1AI=/M@5XTIN"/?]OWLD MF>CU>@?@/A.ZOHW?]K>LS3;>#7JO7K&W&OFE>NC!=M7-T=6DS"X:NC%/1$I6 M',=PE`\J[;J#)1N"48B?KU[1@]#Z3%"-O39"1/X@-9635'6-9\:M.O)W6DC. MW%LMT(8;!B$AA;RH:U-64D0G4@A!P$T(TQH/(?3G(5K.@'J]N:QNYFI87==2 MRR/1'42;2ZX[54RB)O:*/Y?*)><-L3:4CBX(4[6YFK+A.9O27@P>#T19Y@0C M``7`UH>`X&>K\P"B+RM;?/2I]JVEKGP+&,(ZTK%;:I(,6HSRCTHR1D'%J!!Z'I3J]V?W/W-:= M=JFT&HENU[7^SV]8)2ID2B$O2)KB)>2C5;2B[^]9FT>K]5')`VA,XQ')%7B)>L3-R%^EU:SB,V0 MT152X+,@1M^):;%:! M1@1870NX+5'8/LAZ7['J"/PY/'-H)M5M+6WBJL*RDI&+2A+M"K,EM4)%SDK$ M00N4*&QP:$`U"C!7UOL>\<$&1F8"A;H-NGVLZ/:G[4]4]4]>UH3&7[4R"8-Y M1LLINX`6!7*^S(,W4]/RD4.3L25([85L;0GRB4K3$Z1L6`,//PI)%[8`GY^* MGU\;@=>VYV\U:[:TC*ZK>W.@J2=F%X5$DO4&DZ1RE3\O],7G[":XPZ1*V[W1 M$+2$BTTY&J)-*-"$0!8X$<_RV-=]@K1[8ZSEE8T3'1E' M8+O#H]%GN:DQYK33)SCC+[RYJCCK(P)`/:UE:7!P4')T9QPB"#CS!@`$0Q9R M&];F\?7;VV![7=2:CE=RU3*+T8=GFIYB43>)XGKZV27-(_6#!;58(V6J M?&R*2I^*5J4[EDLA&<@=,I0*`*DXLY#@7LS6=M7>M-)%OG_;UN&"TGKK4L:@ MK9&XW&92Z(VM@_(%SH]ND:,DK+&91;3\OD$F.6.66!J5?:6DDG*D`"D^5!@: M"/9K$Y5)>C;9^&1V,2)_F+IHFI9&V),K&Z.DG<'D=>M2<+0BCZ%*>[*73)X< M@^G`3DW`L9QZ?.,\#)R_ACN)^U7V_P#B9LW]9^X/UGT_[!VMZ_IOQSV/>_[3 M]/I]W^G_`!\^>!N-<#DA_P!)Z&>=PJ^WK0QK\8V.A->RZHWB:1P*-O%9E8RQ M.B$"(V03](,4B)BSTTHUS.JR,M6A&2(G!@DQ@BN!%%\HC6IVV1Z==A#(XWB= M)+03Q"=CFM(628<=ELKIS.0SU45@H(Q@^UUE)GM6+/CT^A/GSX_QP&0WP);^ MH7M]V#ZDK^*L&NCE,VI6:JFUOO>A'-T/2QJPX\F.P$+NT"S[R:-V3'DQAF6A MX`4,1>1C3J`')#CB1AH4[I66W_("TOH76OKYLG*:F=L)+'YIMY&6N1MJ]:,[#1Z5I@3;Z8Z8:^:#:_0 MO6S6F$)(77D.2A$><+!*B2S22GITY3W.YV^%D)SI',Y&:F"8K5C"$`0A`006 M2E)((+#JG@.`X#@.`X#@.`X#@.`X#@.`X#@.`X#@.`X#@.`X#@.`X#@.!^%* M(Q'YM&9%#98THG^+2UB=XQ)6)R)PH;GJ/OS>H:GEI7D"_I/1.+VSKXF/6;O1U$NHV5NA6?3.:3E"M4K@KX4LQD1*Y M>VI`&-+H(&?!;PW*@>,8#C@>O=.G3A?W;E?&(?#`K8!K_`UK>JOB_EK68K9( M6U'YP>7%XP2:(A+)[-D24(L-[:$S`22_*I6(M,#R,-=?4'3_`%_T5H2$:W:U M01!`ZS@Z+!9)!6"U#])WP\LK#S-)L^>R2JDTSD:@K!JUBOY4_DW\D?W1;?X^?M)^.?N[^W?WED_?KZS\B_P!J_;O\4]'M_6?T M?D_VSV?Z/J^!.YU.?P._@;1/]M[\>_BW^.A_'/M?H_*/R?T$_F'[L>[_`+M^ M[_W?U??_`*__`%/U7CT_Z?V.!(YP'`