20140609Quarterly Debt Report.pdf

ROCKY MOUNTAIN
H*ffin*
201 South Maln, Suite 2300
Salt Lake City, Uah 84ll I
$6,842,300,000
$425,000,000
($11,500,000)
$7255.800J00
June 9,2014
VA OWRNIGHT DELIWRY
Idatro Public Utilities Commission
472West Washington
Boise, Idaho 83702-5983
Attn: Ms. Jean D. Jewell
RECrlt/*i-r
?0llr JUl,l -9 AH 9r 28
unLrBHtOC&i*iSstct,.
Commission Secretary
Re: Quarterly Debt Report
Pursuant 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 March 3t,2014. 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.
Term Debt Activity:
Amount outstanding at December 31,2013
Iw(')
3.60% FMB Series due Apr 2024
Maturities/Redemptions
Var. Rate Series 19888 Sweetwater Co, WY PCRBs due Jan 2014
Amount outstanding at March 31,2014
Term Debt Authorization:
Amount authorized March 5,2010 under Order No. 31018
IlW(t)
May 12,2011 issuance of 3.85% FMBs ilrc2021
January 6,2012 issuance of 2.95% FMBs due2022
January 6,2012 issuance of 4.10% FMBs due2042
March 6,2012 issuance of 2.95% FMBs due2022
June 6, 2013 issuance of 2.95%o FMBs due2023
March 13,2014 issuance of 3.60% FMBs ilte2024
Remaining authorization at March 31, 2014
tln Mqrch 2014, PacifiCorp issued $425 miltion of its 3.60% First Mortgage Bonds
$2,000,000,000
(400,000,000)
(350,0oo,ooo)
(300,000,000)
(100,000,000)
(300,000,000)
(425,000,000)
$12s.000.000
due April l, 2024. The net
proceeds are being used to fund capital expenditures and for general corporqte purposes, including retirement of
shortlerm debt that was partially incurred to pqy a 5500 million common stock dividend to PPlry Hodings LLC, a
wholly owned subsidiary of Berluhire Hathawry Energt Company (ka MidAmerican Energt Holdings Company)
and PacifiCorp's direct parent company.
If you have any questions regaxding this summary, please call me at [phone].
Sincerely,
rl /lll /,,ff .J,,-(c,u-
Matt Fechner
Treasury Analyst