0000891092-12-005243.txt : 20120910 0000891092-12-005243.hdr.sgml : 20120910 20120910152336 ACCESSION NUMBER: 0000891092-12-005243 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120910 DATE AS OF CHANGE: 20120910 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE ELECTRIC & GAS CO CENTRAL INDEX KEY: 0000081033 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 221212800 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0717 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-178133 FILM NUMBER: 121083073 BUSINESS ADDRESS: STREET 1: CORPORATE ACCOUNTING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 BUSINESS PHONE: 973-430-7000 MAIL ADDRESS: STREET 1: CORPORATE ACCOUTNING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE ELECTRIC & GAS CO CENTRAL INDEX KEY: 0000081033 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 221212800 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0717 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: CORPORATE ACCOUNTING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 BUSINESS PHONE: 973-430-7000 MAIL ADDRESS: STREET 1: CORPORATE ACCOUTNING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 FWP 1 e49850fwp.htm PRICING TERM SHEET pr1.htm - Generated by SEC Publisher for SEC Filing

     Filed pursuant to Rule 433
dated September 10, 2012
Relating to
Preliminary Pricing Supplement dated September 10, 2012 to
Prospectus Supplement dated May 7, 2012 and
Prospectus dated November 23, 2011
Registration Statement No. 333-178133

Pricing Term Sheet for 3.65% Secured Medium-Term Notes, Series H due 2042

PUBLIC SERVICE ELECTRIC AND GAS COMPANY (PSE&G)
Secured Medium-Term Notes, Series H

Issuer: Public Service Electric and Gas Company Maturity Date: September 1, 2042
Trade Date: September 10, 2012 CUSIP: 74456QBA3
Original Issue Date/Settlement Date: September 13, 2012 Joint Book-Running Managers:
Principal Amount: $350,000,000 Credit Suisse Securities (USA) LLC ($70,000,000)
Price to Public: 99.513% of Principal Amount, plus accrued J.P. Morgan Securities LLC ($70,000,000)
interest, if any, from September 13, 2012 if settlement Morgan Stanley & Co. LLC ($70,000,000)
occurs after that date RBS Securities Inc. ($70,000,000)
Interest Rate: 3.65% per annum Co-Managers:
Interest Payment Dates: March 1 and September 1, BNY Mellon Capital Markets, LLC ($28,000,000)
commencing March 1, 2013 Credit Agricole Securities (USA) Inc. ($28,000,000)
Redemption: As specified in Preliminary Pricing CastleOak Securities, L.P. ($14,000,000) 
Supplement dated September 10, 2012. Make Whole  
amount during the Make Whole Redemption Period to  
be determined at a discount rate equal to the Treasury  
Rate plus 15 basis points (0.15%).  

 

The issuer has filed a registration statement (including a prospectus, a prospectus supplement and a preliminary pricing supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus, the prospectus supplement and the preliminary pricing supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s Web site at www.sec.gov. Alternatively, the issuer or any underwriter participating in the offering will arrange to send you these documents if you request them by calling Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, J.P. Morgan Securities LLC collect at 1-212-834-4533, Morgan Stanley & Co. LLC toll-free at 1-866-718-1649 or RBS Securities Inc. toll-free at 1-866-884-2071.