20230227Quarterly Debt Report.pdf

February 27, 2023

VIA ELECTRONIC DELIVERY

Idaho Public Utilities Commission
11331 W Chinden Blvd
Building 8 Suite 201A
Boise, Idaho 83714

Attn: Ms. Jan Noriyuki
Commission Secretary

Re: Case No. PAC-E-20-15 - Quarterly Debt Report

Pursuant to the above referenced matter, PacifiCorp hereby provides a copy of its debt report for
the period ended December 31, 2022. 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.

Long-Term Debt Activity:
Amount outstanding at September 30, 2022 $8,693,150,000

Issuances(1)
5.350% FMB Series due 2053 $1,100,000,000

Maturities/Redemptions
8.08% MTN Series E due 2022 (10/14/22) ($51,000,000)

Amount outstanding at December 31, 2022 $9,742,150,000

(1)In December 2022, PacifiCorp issued $1.1 billion of its 5.350% First Mortgages Bonds due December 1, 2053.
PacifiCorp intends within 24 months of the issuance date to allocate an amount equal to the net proceeds to finance or
refinance, in whole or in part, new or existing investments or expenditures made in one or more eligible projects in
alignment with BHE’s Green Financing Framework. Proceeds will not knowingly be allocated to the same portion of
a project that received allocation of proceeds under any other Green Financing Instrument; activities related to the
exploration, production, transportation, or consumption of fossil fuels; or activities related to nuclear energy.

Long-Term Debt Authorization:
Amount authorized November 12, 2020 under Order No. 34831 $3,000,000,000

Issuances
July 9, 2021 issuance of 2.90% FMB Series due June 2052 ($1,000,000,000)
December 1, 2022 issuance of 5.350% FMB Series due December 2053 ($1,100,000,000)

Remaining authorization at December 31, 2022 $900,000,000

RECEIVED
2023 February 27, PM 3:10
IDAHO PUBLIC
UTILITIES COMMISSION
Idaho Public Utilities Commission
February 27, 2023
Page 2

If you have any questions regarding this summary, please call me at [phone].

Sincerely,

Matt Fechner
Treasury Analyst