20240229Quarterly Debt Report.pdf

1407 W. North Temple, Suite 330
Salt Lake City, UT 84110

February 29, 2024

VIA ELECTRONIC DELIVERY

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

Attn: 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 December 31, 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 September 30, 2023 $10,541,150,000

Issuances None(1)

Maturities/Redemptions
6.75% MTN Series F due 2023 (10/26/23) ($48,000,000)

Amount outstanding at December 31, 2023 $10,493,150,000

Long-Term Debt Authorization:

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

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

Remaining authorization at December 31, 2023 $3,800,000,000

(1)In January 2024, PacifiCorp issued $500 million of its 5.10% First Mortgage Bonds due February 2029, $700 
million of its 5.30% First Mortgage Bonds due February 2031, $1.1 billion of its 5.45% First Mortgage Bonds due 
February 2034 and $1.5 billion of its 5.80% First Mortgage Bonds due January 2055 for a total of $3.8 billion. 
PacifiCorp initially used a portion of the net proceeds to repay outstanding short‐term debt and intends to use the 
remaining net proceeds to fund capital expenditures and for general corporate purposes.  

RECEIVED
Thursday, February 29, 2024 11:19AM
IDAHO PUBLIC
UTILITIES COMMISSION
Idaho Public Utilities Commission
February 29, 2024
Page 2

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

Sincerely,

Matt Fechner
Treasury Analyst