Issuance of Securities and Other Forms of Indebtedness

NY-ADR

10/7/09 N.Y. St. Reg. PSC-16-09-00021-A
NEW YORK STATE REGISTER
VOLUME XXXI, ISSUE 40
October 07, 2009
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
 
I.D No. PSC-16-09-00021-A
Filing Date. Sept. 22, 2009
Effective Date. Sept. 22, 2009
Issuance of Securities and Other Forms of Indebtedness
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 9/17/09, the PSC adopted an order approving Central Hudson Gas & Electric Corporation's request to sell securities and enter into a multi-year committed credit agreement.
Statutory authority:
Public Service Law, section 70
Subject:
Issuance of securities and other forms of indebtedness.
Purpose:
To approve the authorization of issuance of securities and other forms of indebtedness.
Substance of final rule:
The Commission, on September 17, 2009, adopted an order approving Central Hudson Gas & Electric Corporation’s request to enter into a multi-year committed credit agreement in amounts not to exceed $175 million in the aggregate and maturities not to exceed five years. In addition, the Company is authorized to issue and sell long-term debt, through December 31, 2012, in an amount not to exceed $250 million in aggregate, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: [email protected] An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(09-M-0308SA1)
End of Document