20230822Quarterly Debt Report..pdf

1407 W. North Temple, Suite 330 
Salt Lake City, UT 84116

August 22, 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-23-03 - Quarterly Debt Report

Pursuant to the above referenced matter, PacifiCorp hereby provides a copy of its debt report for
the period ended June 30, 2023. 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 March 31, 2023 $9,733,150,000

Issuances
5.500% FMB Series due 2054(1) $1,200,000,000

Maturities/Redemptions
2.95% FMB Series due 2023 (6/1/23) ($300,000,000)

Amount outstanding at June 30, 2023 $10,633,150,000

RECEIVED
Tuesday, August 22, 2023 2:55:09 PM
IDAHO PUBLIC
UTILITIES COMMISSION
Idaho Public Utilities Commission
August 22, 2023
Page 2

Long-Term Debt Authorization:

Amount authorized March 29, 2023 under Order No. 35723 $5,000,000,000

Issuances
May 17, 2023 issuance of 5.500% FMB Series due 2054(1) ($1,200,000,000)

Remaining authorization at June 30, 2023 $3,800,000,000

(1) In May 2023, PacifiCorp issued $1.2 billion of its 5.500% First Mortgage Bonds due May 15, 2054. PacifiCorp
intends within 24 months of the issuance date to allocate an amount equal to the net proceeds to finance, 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.

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

Sincerely,

Matt Fechner
Treasury Analyst