HomeMy WebLinkAbout20071115Compliance filing 2.pdf*SIDA~POGÐ
An IDACORP company
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November 7,2007
Ms. Jean D. Jewell
Idaho Public Utility Commission
P.O. Box 83720
Boise, il 83720-0074
Dear Ms. Jewell:
We are submitting the following information in compliance with the Commission's Order No. 29621 in compliance
with the sale of $100,000,000 principal amount of 6.25% First Mortgage Bonds, Secured Medium-Term Notes,
Series G, due October 15,2037.
The $100,000,000 principal amount of 6.25% First Mortgage Bonds, Secured Medium-Term Notes, Series G, due
October 15,2037 were issued for the benefit of Idaho Power Company on October 18,2007 and were on that date
offered for sale to the Public. Underwriters for this issuance were Banc of America Securities, LLC; JP Morgan
Securities Inc.; Wachovia Capital Markets, LLC; RBC Capital Markets Corporation; KeyBanc Capital Markets Inc.;
Wedbush Morgan Securities Inc.; and Piper Jaff'ay & Company.
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:
Procees from the sale of $100,000,000 6.25% First
Mortgage Bonds, Secured Medium-Term Notes
Series G Authorized by Order No. 29621........................$99,732,000
Proceeds utilzed for payment of agents fees................................. $750,000
Proceeds will be used to repay the $80,000,000
7.38% First Mortgage Bonds that mature December 1,
2007. Remaining proceeds wil be used to redeem existing
commercial paper ............... ..... ............. .............. ...... ........... ..........98,982,000 99,732,000
Balance .............................................................$o
2) Rates:
The coupon rate was set at 6.25 percent.
Sincerely,~7,.~
Darrel T. Anderson
Senior Vice President - Administrative Services and Chief Financial Offcer
P.O. Box 70 (83707)
1221 W.ldaho St.
Boise, 10 83702