CONECTIV INC
U-6B-2, 1998-08-21
ELECTRIC & OTHER SERVICES COMBINED
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<PAGE>   1
                                                       Filed with the Securities
                                                         and Exchange Commission
                                                              on August 21, 1998


                       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: Conectiv and Subsidiaries

         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"): See
         Schedule I.

2.       Issue, renewal or guaranty: Common Stock and Long-Term Promissory Notes
         are new issues. Short-Term Promissory Notes represent cash advances
         directly from Conectiv. Money Pool Advances represent short-term
         borrowings from the Conectiv System Money Pool.

3.       Principal amount of each security: See Schedule I.

4.       Rate of interest per annum of each security: See Schedule I

5.       Date of issue, renewal or guaranty of each security: See Schedule I.

6.       If renewal of security, give date of original issue: Not applicable.

7.       Date of maturity of each security: See Schedule I.

8.       Name of the person to whom each security was issued, renewed or
         guaranteed: Short-term promissory notes are issued to Conectiv; Money
         Pool advances are issued to Conectiv Resource Partners, Inc. as agent
         for the Conectiv Money Pool

9.       Collateral given with each security, if any: None.

10.      Consideration received for each security: For stock, consideration is
         par value. For debt, consideration is principal amount.

11.      Application of proceeds of each security: General corporate funds for
         use in ordinary course of business.

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):

         b) the provisions contained in the fourth sentence of Section 6(b):

         c) the provisions contained in any rule of the commission other than
         Rule U-48: /x/


<PAGE>   2

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). Not
         applicable.

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. Rule 52.




                                                 CONECTIV

                                                 By:  /s/ Louis M. Walters
                                                      --------------------------
                                                      Louis M. Walters
                                                      Treasurer

Date:  August 21, 1998



<PAGE>   3



                                                                     Form U-6B-2
                                                                      Schedule I

                            CONECTIV AND SUBSIDIARIES
                           QUARTER ENDED JUNE 30, 1998



<TABLE>
<CAPTION>
                                      Issued during Quarter                      Balance at End of Quarter
                                      ---------------------                      -------------------------
                                                      Installment           Short-Term               Money Pool
Company                         Common Stock       Promissory Notes         Debt(1)(3)             Advances(2)(3)
- -------                         ------------       ----------------         ----------             --------------
<S>                             <C>                <C>                      <C>                    <C>  
Delmarva Capital Investments,
 Inc.                                 0                    0                     0                       5,739
ATE Investments, Inc.                 0                    0                $5,000,000              10,840,881
Conectiv Services, Inc.               0                    0                     0                   8,918,922
Atlantic Energy Enterprises,
 Inc.                                 0                    0                     0                   6,330,111
Atlantic City Electric Company        0                    0                84,600,000                   0
Conectiv Communications               0                    0                     0                   5,745,342
</TABLE>



(1)      Interest rate at end of quarter: 5.99%

(2)      Interest rate at end of quarter: 6.09%

(3)      Due on demand, but in no case later than 5/1/99


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