SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by a registered holding company or subsidiary thereof pursuant to
Rule U-20-(d) [Reg. Section 250.20, P. 36,652] or U-47 [Reg. Section 250.47, P.
36,620] adopted under the Public Utility Holding Company Act of 1935
Certificate is filed by: New Century Energies, Inc.
This certificate is notice that the above named company has issued, renewed
or guaranteed the security or securities described herein which issue, renewal
or guaranty was exempted from the provisions of Section 6(a) of the Act and was
neither the subject of a declaration or application on Form U-1 nor included
within the exemption provided by Rule U-48 [Reg. Section 250.48, P. 36,621].
1. Type of the security or securities ("draft," promissory note"): Promissory
Notes, i.e. two separate temporary bank guidance loans.
2. Issue, renewal or guaranty:
a) Issue - temporary bank guidance loan.
b) Issue - temporary bank guidance loans.
3. Principal amount of each security:
a) $10,000,000
b) Line of credit established for $75,000,000; presently $54,000,000 is
drawn in aggregate and comprised of the following issuance amounts:
i) $24,000,000
ii) $10,000,000
iii) $20,000,000
4. Rate of interest per annum of each security:
a) 6.2875% fixed rate.
b) Rates of interest per annum and maturities for the issued amounts are
as follows:
i) $24,000,000 is assessed an 8.5% fixed rate for first five days
converting to LIBOR plus .15 until it's final maturity on
December 16; 1997;
ii) $10,000,000 is assessed a 5.9% fixed rate through it's final
maturity on December 16, 1997;
iii) $20,000,000 is assessed a 5.83% fixed rate through it's final
maturity on December 16, 1997.
5. Date of issue, renewal or guaranty of each security:
a) $10,000,000 Facility
i) Issuance date: November 26, 1997
ii) No upstream guaranty available or provided.
b) $54,000,000 Facility
i) Issuance date: December 4, 1997.
ii) No upstream guaranty available or provided.
6. If renewal of security, give date of original issue: Not applicable.
7. Date of maturity of each security:
a) December 4, 1997
b) See 4.b.i.-iii..
8. Name of the person to whom each security was issued, renewed or guaranteed:
The Bank of New York.
9. Collateral given with each security, if any:
a) None
b) None
10. Consideration received for each security:
a) Interest specified on line 4 plus certain administrative costs.
b) Interest specified on line 4 and a $200 bid loan fee plus certain
administrative costs.
11. Application of proceeds of each security:
a) Capital injection into NCE's subsidiary, Public Service Company of
Colorado (PSCo), to meet short term working capital needs.
b) Capital injection into PSCo for medium term note retirement; pay off
$10,000,000 facility.
12. Indicate by a check after the applicable statement below whether the issue,
renewal or guaranty of each security was exempt from the provisions of
Section 6(a) because of:
a) the provisions contained in the first sentence of Section 6(b): (both
notes).
b) the provisions contained in the fourth sentence of Section 6(b): Not
applicable.
c) the provisions contained in any rule of the commission other than Rule
U-48: Not applicable.
13. If the security or securities were exempt from the provisions of Section
6(a) by virtue of the first sentence of Section 6(b), give the figures
which indicate that the security or securities aggregate (together with all
other than outstanding notes and drafts of a maturity of nine months or
less, exclusive of days of grace, as to which such company is primarily or
secondarily liable) not more than 5 percentum of the principal amount and
par value of the other securities of such company then outstanding. (Demand
notes, regardless of how long they may have been outstanding, shall be
considered as maturing in not more than nine months for purposes of the
exemption from Section 6(a) or the Act granted by the first sentence of
Section 6(b).
The Company's capitalization consists of (a) 104,611,200 shares of
issued and outstanding common stock and (b) $100,000,000 aggregate
principal amount of Loans having a maturity at the time issued of more
than nine months, but less than one year (the existing loans). The
fair market value of the Company's stock, based on a price quoted on
the New York Stock Exchange at the close of trading on December 2,
1997 is $45.125 per share. Five percent (5%) of the sum of the (a) the
fair market value of the issued and outstanding shares of common stock
of the Company and (b) the aggregate principal amount of Existing
loans is equal to $241,029,020.
14. If the security or securities are exempt from the provisions of Section
6(a) because of the fourth sentence of Section 6(b), name the security
outstanding on January 1, 1935, pursuant to the terms of which the security
or securities herein described have been issued. Not applicable.
15. If the security or securities are exempt from the provisions of Section
6(a) because of any rule of the Commission other than Rule U-48 [Reg. ss.
250.48, P. 36,621] designate the rule under which exemption is claimed.
Not applicable.
_________________________
New Century Energies, Inc.
By: /s/ James Steinhilper
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Name: James Steinhilper
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Title: Treasurer
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Date December 11, 1997
