Connecticut Light & Power Files 8-K on Financial Obligation
Ticker: CNLHN · Form: 8-K · Filed: Aug 13, 2024 · CIK: 23426
Sentiment: neutral
Topics: debt, filing
TL;DR
CL&P filed an 8-K about a new financial obligation. Details TBD.
AI Summary
On August 13, 2024, The Connecticut Light and Power Company filed an 8-K report. The filing primarily concerns the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the nature or amount of this obligation were not provided in the excerpt.
Why It Matters
This filing indicates a new financial commitment or arrangement by Connecticut Light & Power, which could impact its financial standing and future obligations.
Risk Assessment
Risk Level: medium — The filing indicates a new financial obligation, the details of which are not yet fully disclosed, creating some uncertainty.
Key Players & Entities
- The Connecticut Light and Power Company (company) — Registrant
- August 13, 2024 (date) — Date of earliest event reported
- 0-00404 (other) — Commission File Number
- 06-0303850 (other) — I.R.S. Employer Identification No.
- 107 Selden Street Berlin, CT 06037-1616 (address) — Principal executive offices
FAQ
What is the specific nature of the direct financial obligation or off-balance sheet arrangement?
The provided excerpt does not specify the details of the financial obligation or arrangement, only that it is the subject of the 8-K filing.
What is the amount associated with this new financial obligation?
The filing excerpt does not contain information regarding the dollar amount of the obligation.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 13, 2024.
What is the primary purpose of this 8-K filing for Connecticut Light & Power?
The primary purpose is to report the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
Where are the principal executive offices of The Connecticut Light and Power Company located?
The principal executive offices are located at 107 Selden Street, Berlin, CT 06037-1616.
Filing Stats: 700 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2024-08-13 16:09:36
Key Financial Figures
- $300,000,000 — ersource Energy (the "Company"), issued $300,000,000 aggregate principal amount of its 4.95%
Filing Documents
- tm2421464d1_8k.htm (8-K) — 30KB
- tm2421464d1_ex1-1.htm (EX-1.1) — 150KB
- tm2421464d1_ex4-1.htm (EX-4.1) — 318KB
- tm2421464d1_ex5-1.htm (EX-5.1) — 10KB
- tm2421464d1_ex5-2.htm (EX-5.2) — 11KB
- tm2421464d1_ex5-1img001.jpg (GRAPHIC) — 3KB
- tm2421464d1_ex5-2img001.jpg (GRAPHIC) — 4KB
- 0001104659-24-088953.txt ( ) — 774KB
- es-20240813.xsd (EX-101.SCH) — 3KB
- es-20240813_lab.xml (EX-101.LAB) — 33KB
- es-20240813_pre.xml (EX-101.PRE) — 22KB
- tm2421464d1_8k_htm.xml (XML) — 3KB
03
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On August 13, 2024, The Connecticut Light and Power Company, doing business as Eversource Energy (the "Company"), issued $300,000,000 aggregate principal amount of its 4.95% First and Refunding Mortgage Bonds, 2024 Series B, due 2034 (the "Bonds"), pursuant to an Underwriting Agreement, dated August 6, 2024, among Barclays Capital Inc., Goldman Sachs & Co. LLC, and KeyBanc Capital Markets Inc., as representatives of the underwriters named therein, and the Company (the "Underwriting Agreement"). The Bonds were issued under a Supplemental Indenture, dated as of August 1, 2024, between the Company and Deutsche Bank Trust Company Americas, as Trustee (the "Supplemental Indenture"), supplementing the Indenture of Mortgage and Deed of Trust between the Company and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), dated as of May 1, 1921, as amended and supplemented, including as amended and restated as of April 7, 2005. A copy of the Supplemental Indenture is filed herewith as Exhibit 4.1. Section 9
Financial Statements and Exhibits
Financial Statements and Exhibits
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 1.1 Underwriting Agreement, dated August 6, 2024, between The Connecticut Light and Power Company, doing business as Eversource Energy, and Barclays Capital Inc., Goldman Sachs & Co. LLC, and KeyBanc Capital Markets Inc., as representatives of the several Underwriters named therein. 4.1 Supplemental Indenture, dated as of August 1, 2024, between the Company and Deutsche Bank Trust Company Americas, as Trustee. 4.2 Form of 4.95% First and Refunding Mortgage Bonds, 2024 Series B, due 2034 (included as Schedule A to the Supplemental Indenture filed herewith as Exhibit 4.1). 5.1 Legal opinion of Ropes & Gray LLP relating to the validity of the Bonds. 5.2 Legal opinion of Kerry Tomasevich, Esq. relating to the validity of the Bonds. 23.1 Consent of Ropes & Gray LLP (included in Exhibit 5.1). 23.2 Consent of Kerry Tomasevich, Esq. (included in Exhibit 5.2). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CONNECTICUT LIGHT AND POWER COMPANY (Registrant) August 13, 2024 By: /s/ Emilie G. O'Neil Emilie G. O'Neil Assistant Treasurer-Corporate Finance and Cash Management