20140206Verified Report.pdf

EXECUTIVE OFFICES
lrurenmouNTAtru Ges CoMpaNy
555 SOUTH COLE ROAD . P.O. BOX 7608 . BOISE, IDAHO 83707 . (20S)377-6000 o FAX:[phone] i:-l; ,1 --
February 6,2Ot4
Ms. Jean Jewell
Commission Secretary
ldaho Public Utilities Commission
472W. Washington St., PO Box 83720
Boise, lD 83720-0074
Re: lntermountain Gas Company
Case No. INT-G-13-05
Dear Ms. Jewell:
ln accordance with the prescribed Rules of Procedure governing the issuance of securities by utilities
under the jurisdiction of this Commission, lntermountain Gas Company hereby files an original and
seven (7) copies of the Verified Report that details costs and expenses incurred in connection with the
issuance of the Company's Unsecured Debt Securities.
Please acknowledge receipt of this filing by returning a stamped copy of this letter for our
Company files.
lf you have any questions or require additional information regarding the attached, please contact me at
377-6L68.
ry4',lK
v(icnaetP. M#rath
/Director- Regu lato ry Affa i rs
Enclosures
Scott Madison
Mark Chiles
cc:
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
ln the Matter of the Application )
of TNTERMOUNTATN GAS COMPANY FOR )
Authorization to lssue and Sell Securities )
Case No. INT-G-13-05
VERIFIED REPORT
On August 29,2073 lntermountain Gas Company ("Applicant") filed with this
Commission its Application requesting authority to issue and sell unsecured notes not to
exceed 550,000,000 split evenly for periods of twelve (12) years at 4.O8Yo and fifteen
(15) years at 4.33o/o. This Application was supported by the necessary exhibits and other
data in accordance with the prescribed Rules of Procedure governing the issuance of
securities by utilities under the jurisdiction of this Commission.
After having fully considered the Applicant's Application and exhibits attached
to it, this Commission on September 24,2O73 issued its Order No. 32896 approving the
Application and authorizing the issuance and sale of such unsecured notes.
ln accordance with Rule 143 of the Rules of Procedure of this Commission,
Applicant does hereby submit its Verified Report on the proceeds received from the
private sale of such unsecured notes, the disposition of such proceeds, and the costs
and expenses incurred in connection with this private placement.
t.
Applicant issued and sold S 50,000,000 of unsecured notes split evenly for
periods of twelve (12)years at4.O8% and fifteen (15)years at4.33o/oto Teacher
lnsurance & Annuity Association of America ("TIAA"). The total proceeds of this issuance
of S 50,000,000 were received on October 30, 2013.
il.
The total Proceeds of this issuance were used or applied in the following
manner:
The extinguishment of S 50,000,000 of the company's revolving credit
agreement.
ilr.
The costs and expenses incurred in connection with this private placement
totaled S 92,693, itemized as follows:
Legal fees
IPUC filing fee
S91,693
1.000
s9a693
tv.
This Verified Report is filed pursuant to the applicable statues and the Rules
of this Commission and is respectfully submitted for the information and records of this
Commission.
Dated at Boise, ldaho this 6rH day of February ,2OL4.
INTERMOUNTAIN
rector - Regulatory Affairs