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Home My WebLink About20240912Compliance Filing.pdf -Lpc- Q§PC1WER@ An IDACORP Company September 5, 2024 Idaho Public Utilities Commission Office of the Secretary RECEIVED 6D Y � Ms. Jean D. Jewell SEP 12 2024 IQ Idaho Public Utilities Commission Boise, Idaho P.O. Box 73720 Boise, ID 83720-0074 Dear Ms. Jewell: We are submitting the following information in compliance with the Commission's Order No. 35420 in connection with the sale of$300,000,000 principal amount of 5.20% First Mortgage Bonds, Secured Medium-Term Notes, Series M, due August 15, 2034 (the "2034 MTNs"). The 2034 MTNs were issued by Idaho Power Company on August 12, 2024 and were on that date offered for sale to the public. Underwriters for this issuance were J.P. Morgan Securities LLC; Wells Fargo Securities, LLC; BofA Securities, Inc.; MUFG Securities Americas Inc.; Mizuho Securities USA LLC; Morgan Stanley & Co LLC and U.S. Bancorp Investments, Inc. 1) Receipt and disposition of proceeds: Accounting for receipt and disposition of proceeds from the sale of the above described bonds is certified to be as follows: Proceeds from the sale of$300,000,000 5.20% First Mortgage Bonds, Secured Medium-Term Notes Series M authorized by Order No. 35420 .................... $ 299,814,000 Total proceeds received................................................ $299,814,000 P.O.Box 70(83707) 1221 W.Idaho St. Boise,ID 83702 Ms. Jewell Page 2 of 2 September 5, 2024 Proceeds used for payment of agent fees....................... $ 1,950,000 Proceeds will be used to repay in full $49.8 million in aggregate principal amount of 1.45%pollution control revenue refunding bonds due December 1, 2024, fund a portion of capital expenditures and general corporate purposes ...................................... $297.864.000 Total use of proceeds ................................................... $ 297,864,000 Balance .................................................. $ 0 2) Rates: The coupon rate for the 2034 MTNs was set at 5.20 percent. Sincerely, Brian Buckham SVP, Chief Financial Officer& Treasurer