20120308Quarterly Debt Report.pdf

~ROCKY MOUNTAINPORA DM OF PAFlP
March 8, 2012
RECEIVED
20f2 MAR -8 AM 9: 55
201 South Main, Suite 2300
Salt Lake Cit, Uta 84111
VI ELECTRONIC FILING
AND OVERNIGHT DELIVERY
Idaho Public Utilities Commission
472 West Washington
Boise, Idaho 83702-5983
Attn: Ms. Jean D. Jewell
Commission Secretar
Re: Quaerly Debt Report
Pursuat to Case No. PAC-E-10-02, PacifiCorp (the Company) hereby files an original and
seven copies of its debt report for the period ended December 31, 2011. Any recent write-ups
from major bond rating agencies were previously provided pursuant to Order No. 29998
approved in Case No. PAC-E-05-8.
I Long-Term Debt Activity:
Amount outstanding at September 30,2011 $6,684,741,000
Issuances None!
Maturities
7.978% FMB Series due Oct 2011 (installment)
8.493% FMB Series due Oct 2012 (installment)
8.797% FMB Series due Oct 2013 (installment)
8.734% FMB Series due Oct 2014 (instalment)
8.294% FMB Series due Oct 2015 (installment)
8.635% FMB Series due Oct 2016 (installment)
8.470% FMB Series due Oct 2017 (installment)
6.90% FMB Series due Nov 2011
8.29% Series C MTNs due Dec 2011
($412,000)
($1,723,000)
($1,298,000)
($2,042,000)
($3,036,000)
($1,116,000)
($1,059,000)
($500,000,000)
(3,000,000)
Amount outstading at December 31, 2011 $6.1 71.055,000
Idaho Public Utilities Commission
March 8, 2012
Page 2
I Long-Term Debt Authorization:
Amount authorized March 5, 2010 under Order No. 31018 $2,000,000,000
Issuances
i
May 12,2011 issuace of3.85% FMBs due 2021 (400,000,000)
Remaining authorization at December 31, 2011 $ 1.600,000,000
lIn January 2012, PacifCorp issued $350 milion of2.95% First Mortgage Bonds due
February 1, 2022 and $300 milion of 4.10% First Mortgage Bonds due February 1,
2042. In March 2012, PacifCorp issued an additional $100 milion of its 2.95% First
Mortgage Bonds due February 1, 2022, the proceeds of which wil substantially be used
for the redemption prior to scheduled maturity of the following four series of Pollution
Control Revenue Bond obligations which were called February 29, 2012 for redemption
March 30,2012:
5.65% Emery Co, UT Series 1993A due 2023
5.625% Emery Co, UT Series 1993B due 2023
6.15% Emery Co, UT Series 1996 due 2030
5.625% Lincoln Co, WY Series 1993 due 2021
$46,500,000
$16,400,000
$12,675,000
$ 8,300,000
If you have any questions regarding this sumar, please call me at [phone].
Sincerely,
111 ii ~1 ßt lA1ß-~_
Matt Fechner
Treasur Analyst