20190723Verified Report.pdf

EXECUTIVE OFFICES
I NrenMouNTArru Ges Conaparvv
555 SOUTH COLE ROAD . P.O. BOX 7608 . BOISE, |DAHO 83707 . [phone] o FAX:[phone]
July 23,2019
RTCEIVED
2019 JUL 23 AH H:20
ilrii"i0 dUiLlCJTILITIIS COIIMISSION
ORIGINAL
Ms. Diane Hanian
Commission Secretary
Idaho Public Utilities Commission
P.O. Box 83720
Boise, lD 83720-0074
RE: Case No. INT-G-19-02, Verified Report
Dear Ms. Hanian
Intermountain is submitting the following information in compliance with the Commission's Order No.
34303 in Case No. INT-G-19-02 requesting authority to issue unsecured notes, not to exceed $75,000,000
and to renew a revolving line of credit up to $l10,000,000.
Intermountain issued and sold $20,000,000, $10,000,000, and $20,000,000 of Unsecured Notes for a period
of ten (10), fifteen (15), and thirty (30) years, respectively, at3.62%o,3.82yo,and4.260/o, respectively, to
various purchasers. The total proceeds of this issuance of $50,000,000 were received on June 13,2019.
The costs and expenses incurred in connection with this private placement of the Unsecured Notes totaled
$266,758.24, itemized as follows:
Agent Fees $204,164.65
Legal Fees 62.593.59
Total w6J5324
Intermountain renewed a Revolving Line of Credit with U.S. Bank National Association for $30,000,000,
Wells Fargo Bank, National Association for $30,000,000, and CoBank, ACB for $25,000,000. The total
proceeds of this issuance of $85,000,000 were received on June 7,2019.
The costs and expenses incurred in connection with the renewal of the Revolving Line of Credit totaled
$298,212.70, itemized as follows:
Arrangement and Syndication Fees $250,512.30
Legal Fees 46,700.40
IPUC filing Fee 1.000.00
w3212J!
The closing documents will be filed separately under confidential cover
EXECUTIVE OFFICES
I rureRruouNTArru Gns Coruperuv
555 SOUTH COLE BOAD . p.O. BOX 7608 . BO|SE, TDAHO 83707 . [phone] o FAX: [phone]
If you should have any questions regarding this report, please contact me at [phone].
Sincerely,ffirAW
LoriA. Blattner
Director - Regulatory Affairs
Intermountain Gas Company
Enclosures
cc: Mark Chiles
Preston N. Carter