-----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, IEw+Ex4Frr5dDwkpE/n5kc69gSvL4hWDmxaBAsFoA8ru8rgF488PRS7saTW8g60W 9O2wt6qPRAu364yHJzRmxA== 0000086521-05-000043.txt : 20050811 0000086521-05-000043.hdr.sgml : 20050811 20050810193325 ACCESSION NUMBER: 0000086521-05-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050810 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20050811 DATE AS OF CHANGE: 20050810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC ENTERPRISES INC CENTRAL INDEX KEY: 0000075527 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 940743670 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00040 FILM NUMBER: 051014786 BUSINESS ADDRESS: STREET 1: 555 WEST 5TH ST STREET 2: STE 2900 CITY: LOS ANGELES STATE: CA ZIP: 90013 BUSINESS PHONE: 2138955000 MAIL ADDRESS: STREET 1: 555 WEST 5TH STREET STREET 2: SUITE 2900 CITY: LOS ANGELES STATE: CA ZIP: 90013 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC LIGHTING CORP DATE OF NAME CHANGE: 19880224 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN CALIFORNIA GAS CO CENTRAL INDEX KEY: 0000092108 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 951240705 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01402 FILM NUMBER: 051014785 BUSINESS ADDRESS: STREET 1: 555 W FIFTH ST STREET 2: ML 14H1 CITY: LOS ANGELES STATE: CA ZIP: 90013-1011 BUSINESS PHONE: 2132441200 MAIL ADDRESS: STREET 1: 555 WEST 5TH STREET CITY: LOS ANGELES STATE: CA ZIP: 90051-1011 8-K 1 pescg081005.htm FORM 8-K PE/SoCalGas 8-K 08/05/2005

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

Date of Report

  

(Date of earliest event reported):

August 5, 2005
- -----------------------

 


Commission
File Number
- ----------------------------

Name of Registrant, State of
Incorporation, Address and
Telephone Number
- --------------------------------------

IRS Employer
Identification
Number
- ----------------------------

1-40

Pacific Enterprises
(A California Corporation)
101 Ash Street
San Diego, California 92101
(619) 696-2000

94-0743670
     

1-1402

Southern California Gas Company
(A California Corporation)
555 West Fifth Street
Los Angeles, California 90013
(213) 244-1200

95-1240705

 

 

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(Former name or former address, if changed since last report.)





FORM 8-K

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under
                an Off-Balance Sheet Arrangement of a Registrant

The following information supplements the information contained in the registrant's Annual Report of Form 10-K for the year ended December 31, 2004 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2005 and June 30, 2005.

 

SDG&E / SoCalGas Five Year $600 Million Revolving Credit Facility

      On August 5, 2005, the combined revolving credit facility of San Diego Gas & Electric Company and Southern California Gas Company was amended and restated to:

-- Increase the combined amount of borrowings available under the facility from $500 million to $600 million.

-- Increase the amount that may be borrowed by each utility from $300 million to $500 million subject to the combined borrowing limit for both utilities of $600 million.

-- Renew and extend the term of the facility from an original term of three years expiring in May 2007 to a new term of five years expiring in August 2010.

-- Reduce the commitment fees payable under the facility and the margins over benchmark interest rates payable on borrowings.

-- Change the ratio of total indebtedness to total capitalization (as defined in the facility) that each utility is required to maintain at the end of each quarter from a maximum of 60% to a maximum of 65%.

      Borrowings under the facility bear interest at benchmark rates plus a margin that varies with the borrowing utility's credit rating. Borrowings are individual obligations of the borrowing utility and a default by one utility would not constitute a default or preclude borrowings by the other utility.

      The facility is provided by a syndicate of lenders for which JPMorgan Chase Bank, N.A. serves as administrative agent.

 





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.

Pacific Enterprises

 

 

Date: August 10, 2005

By: /s/ F. H. Ault
- -----------------------------------------
 

F. H. Ault
Sr. Vice President and Controller

 

 

Southern California Gas Company

Date: August 10, 2005

By: /s/ S.D. Davis
- -----------------------------------------
 

S.D. Davis
Sr. Vice President-External Relations
and Chief Financial Officer
 

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