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HomeMy WebLinkAbout20071115Compliance filing 2.pdf*SIDA~POGÐ An IDACORP company ZDDì ~IOV 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