Connecticut Light & Power Files 8-K on Financial Obligation
Ticker: CNLHN · Form: 8-K · Filed: Jan 13, 2025 · CIK: 23426
Sentiment: neutral
Topics: debt, financial-obligation
TL;DR
CL&P just filed an 8-K about a financial obligation - keep an eye on their debt.
AI Summary
On January 13, 2025, The Connecticut Light and Power Company filed an 8-K report detailing a direct financial obligation. The filing indicates the company is involved in financial obligations related to its operations as an electric services provider.
Why It Matters
This filing signals a new or existing financial commitment by the company, which could impact its financial health and future investment potential.
Risk Assessment
Risk Level: medium — Filings related to direct financial obligations can indicate increased leverage or new debt, which warrants attention from investors.
Key Players & Entities
- The Connecticut Light and Power Company (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- 107 Selden Street Berlin, CT 06037-1616 (address) — Principal executive offices
- 0-00404 (filing_number) — Commission File Number
- 06-0303850 (tax_id) — I.R.S. Employer Identification No.
FAQ
What specific type of direct financial obligation is Connecticut Light & Power Company reporting?
The filing indicates a 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant' but does not specify the exact nature of the obligation in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is January 13, 2025.
What is the principal executive office address for The Connecticut Light and Power Company?
The principal executive offices are located at 107 Selden Street, Berlin, CT 06037-1616.
What is the Commission File Number for this registrant?
The Commission File Number is 0-00404.
What is the IRS Employer Identification Number for The Connecticut Light and Power Company?
The I.R.S. Employer Identification No. is 06-0303850.
Filing Stats: 698 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2025-01-13 16:07:20
Key Financial Figures
- $400,000,000 — ersource Energy (the "Company"), issued $400,000,000 aggregate principal amount of its 4.95%
Filing Documents
- tm252883d1_8k.htm (8-K) — 30KB
- tm252883d1_ex1-1.htm (EX-1.1) — 155KB
- tm252883d1_ex4-1.htm (EX-4.1) — 352KB
- tm252883d1_ex5-1.htm (EX-5.1) — 10KB
- tm252883d1_ex5-2.htm (EX-5.2) — 11KB
- tm252883d1_ex5-1img001.jpg (GRAPHIC) — 3KB
- tm252883d1_ex5-2img001.jpg (GRAPHIC) — 6KB
- 0001104659-25-003038.txt ( ) — 816KB
- es-20250113.xsd (EX-101.SCH) — 3KB
- es-20250113_lab.xml (EX-101.LAB) — 33KB
- es-20250113_pre.xml (EX-101.PRE) — 22KB
- tm252883d1_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 January 13, 2025, The Connecticut Light and Power Company, doing business as Eversource Energy (the "Company"), issued $400,000,000 aggregate principal amount of its 4.95% First and Refunding Mortgage Bonds, 2025 Series A, due 2030 (the "Bonds"), pursuant to an Underwriting Agreement, dated January 6, 2025, among Barclays Capital Inc., MUFG Securities Americas Inc., and U.S. Bancorp Investments, 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 January 1, 2025, 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 January 6, 2025, between The Connecticut Light and Power Company, doing business as Eversource Energy, and Barclays Capital Inc., MUFG Securities Americas Inc., and U.S. Bancorp Investments, Inc., as representatives of the several Underwriters named therein. 4.1 Supplemental Indenture, dated as of January 1, 2025, between the Company and Deutsche Bank Trust Company Americas, as Trustee. 4.2 Form of 4.95% First and Refunding Mortgage Bonds, 2025 Series A, due 2030 (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) January 13, 2025 By: /s/ Emilie G. O'Neil Emilie G. O'Neil Assistant Treasurer-Corporate Finance and Cash Management