Securities and Exchange Commission
Washington, DC 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934
Date of Report October 8, 1999
(Date of earliest event reported)
MidAmerican Energy Holdings Company
(Exact name of registrant as specified in its charter)
Iowa 0-25551 94-2213782
(State of other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
666 Grand Avenue Des Moines, Iowa 50309
(Address of principal executive offices) Zip Code
Registrant's Telephone Number, including area code: (515) 242-4300
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events
On October 7, 1999, the Registrant announced that it had
received tenders and consents from holders of an aggregate of
$119 million principal amount (approximately 98%) of its 9%
Senior Notes Due 2006 (the "Notes") (CUSIP No. 129466-AD-0), in
connection with its previously announced cash tender offer and
consent solicitation for such Notes.
Item 7. Financial Statements and Exhibits
Exhibit 1 - Press Release dated October 7, 1999
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.
MidAmerican Energy Holdings Company
By: \s\ Douglas L. Anderson
Douglas L. Anderson
Vice President
Dated: October 8, 1999
EXHIBIT 1
For more information, contact:
Kevin Waetke, Director - Corporate Communications (515) 281-2785
Jodie Stephens, Director - Investor Relations (515) 281-2204
MidAmerican Energy Holdings Company announces amendments to
indenture for 9 1/2% Senior notes due 2006 of its predecessor, CalEnergy
DES MOINES, Iowa, October 7, 1999 - MidAmerican Energy Holdings
Company (NYSE: MEC; PCX and London) announced today that as of
October 7, 1999 it had received tenders and consents from holders
of an aggregate of $119 million principal amount (approximately
98%) of its 9% Senior Notes Due 2006 (the "Notes") (CUSIP No.
129466-AD-0), in connection with its previously announced cash
tender offer and consent solicitation for such Notes. The Notes
were initially issued by MidAmerican's predecessor, CalEnergy
Company, Inc. As a result, the consent date has been fixed at
October 7, 1999, and the Company has executed a supplemental
indenture implementing amendments to the indenture pursuant to
which the Notes were issued to eliminate substantially all of the
restrictive covenants applicable to the Notes.
This announcement is not an offer to purchase, a solicitation of
an offer to purchase or a solicitation of consents with respect
to the Notes. The offer and consent solicitation are being made
solely by the Offer to Purchase and Consent Solicitation
Statement dated September 24, 1999 and the related Consent and
Letter of Transmittal, as the same may be amended from time to
time. Unless extended, the offer will expire at midnight, New
York time, on October 22, 1999.
MidAmerican Energy Holdings Company, headquartered in Des Moines,
Iowa, USA, has approximately 9,800 employees and is the largest
publicly traded company in Iowa. Through its retail utility
subsidiaries, MidAmerican Energy in the U.S. and Northern
Electric in the U.K., MidAmerican provides electric service to
2.2 million customers and natural gas service to 1.2 million
customers worldwide. Through CalEnergy, MidAmerican's
independent power production and non-regulated business
subsidiaries, and MidAmerican Energy's utility operations,
MidAmerican manages and owns interests in approximately 8,300 net
megawatts of diversified power generation facilities in
operation, construction and development. Information about
MidAmerican and its three principal subsidiary companies is
available on the Internet at http://www.midamerican.com.
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