20190529Quarterly Debt Report.pdf

May 29,2019
VA OWRNIGHT DELIWRY
Idaho Public Utilities Commission
472West Washington
Boise, Idaho 837 02-5983
Attn: Ms. Diane Hanian
Commission Secretary
Re: Quarterly Debt Report
Pursuant to Case No. PAC-E-18-10, PacifiCorp hereby files an original and seven copies of its
debt report for the period ended March 31,2019. Any recent write-ups from major bond rating
agencies were previously provided pursuant to OrderNo.29998 approved in Case No. PAC-E-O5-
8.
Long-Term Debt Activity:
Amount outstanding at December 31,2018 $7,055,275,000
ROCKY MOUNTAIN
Bgly,E^.n",,
I!suances(')
3.50% FMB Series due June 2029
4.l5Yo FMB Series due February 2050
Matu rities/Redem ptions
5.50Yo FMB Series due January 2019
Amount outstanding at March 31,2019
RECEIVED
i0lgtlAY 29 ill ll:58
IDAI.].0 PUBLIC
ILITI'JS-COMMISSION
825 N.E. Multnomah, LCT RM 1900
Portland, OR97232
$400,000,000
$600,000,000
($350,000,000)
$7J05275J00
Long-Term Debt Authorization:
Amount authorized December 7,2018 under Order No. 34205 $2000*000-000
I!suances(')
March 1,2019 issuance of 3.50%o FMB Series due June 2029
March 1,2019 issuance of 4.l5Yo FMB Series due February 2050
($400,000,000)
($600,000,000)
Remaining authorization at March 31,2019 $1J00000*000
(r)In March 2019, PacifiCorp issued $400 million of its 3.50% FMBs due June 15, 2029 and $600 million of its 4.15%
FMBs due February 15, 2050. PacifiCorp used a portion of the net proceeds to repay the short-term debt that was
partially incurred in January 2019 to repay all of PacifiCorp's $350 million of its 5.50% FMBs due January 15,2019.
PacifiCorp intends to use the remaining net proceeds to fund capital expenditures and for general corporate purposes.
Idaho Public Utilities Commission
May 29,2019
PageZ
If you have any questions regarding this summary, please call me at [phone].
Sincerely,
yl,l,tlt {,*/"-'^,
Matt Fechner
Treasury Analyst