20081217Quarterly Debt Report.pdf

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Pa Po I
Rocky Mon Por IPaiC En
825 NE Multnomah. Suite 190 LeT
Portd. Oren 9722December 17, 2008 Z668DEC '7 AM ff: 37
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Idaho Public Utilities Commission
472 West Washington
Boise, Idaho 83702-5983
Att: Ms. Jean D. Jewell
Commssion Secreta
Re: Quarerly Debt Report
Pursuant to Case No. PAC-E-07-16, PacifiCorp (the Company) hereby files an original and eight
copies of its debt report for the period ended September 30, 2008. Any Recent wrte-ups from
major bond rating agencies were previously provided puruat to Order No. 29998 approved for
Case No. PAC-E-05-8.
I Long-Term Debt Activity:
Amount outstading at June 30, 2008 $4,923,205,000
Issuances
5.65% FMBs due July 2018
6.35% FMBs due July 2038
500,000,000
300,000,000
Maturities
4.30% FMBs due September 2008 (200,000,000)
Temporary Reacquisitions (1)
Carbon Co Series 1994 PCRBs due November 2024
Converse Co Series 1994 PCRBs due November 2024
Emery Co Series 1994 PCRBs due November 2024
Lincoln Co Series 1994 PCRBs due November 2024
Moffat Co Series 1994 PCRBs due May 2013
Sweetwater Co Series 1994 PCRBs due November 2024
( 9,365,000)
( 8,190,000)
(121,940,000)
( 15,060,000)
( 40,655,000)
( 21,260,000)
$5.306,735,000Amount outstading (less temporar reacquisitions) at September 30, 2008
I Long-Term Debt Authoriation:
Idaho Public Utilities Commission
December 17, 2008
Page 2
Amount authorized Janua 22, 2008 under Order No. 30489 $2,000,000,000
Issuances
July 17, 2008
July 17,2008
5.65% FMBs due July 2018
6.35% FMBs due July 2038
(500,000,000)
(300,000,000)
Remaining authorization at September 30, 2008 $1,200,000,000
(1) On September 10, 2008, PacifCorp temporarily reacquired $216 millon of insured variable-
rate pollution control revenue bond obligations due to the signifcant reduction in market
liquidity for insured variable rate obligations. On November 19, 2008, the insurance was
terminated and these variable-rate long-term debt obligations were remarketed with credit
enhancement and liquidity support provided by letters of credit issued under PacifCorp's two
unsecured revolving credit facilties.
If you have any questions regardig this sumar, please call me at [phone].
Sincerely,Jr1~
Matt Fechner
Treasur Analyst