Pricing Supplement No. 2 Dated July 27, 1998 Rule 424(b)(3)
File No. 333-35235
(To Prospectus dated February 17, 1998)
CENTRAL MAINE POWER COMPANY
Medium-Term Notes, Series D
(Floating Rate)
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION
PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PRICING
SUPPLEMENT OR THE PROSPECTUS TO WHICH IT RELATES. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.
Principal Amount: $10,000,000 Initial Interest Rate 5.95625%
Issue Price: $10,000,000
Base Rate: 1-mo. LIBOR + .30%
Trade Date: July 23, 1998 Federal Funds Rate Prime Rate
Original Issue Date: July 28, 1998 Treasury Rate Other (see att.)
Maturity Date: July 30, 1999 Commercial Paper Rate
Form: X Book-Entry
Certified Interest Reset Period Daily Weekly X Monthly
Both Quarterly Semi-Annually Annually
Interest Determination
Dates: Two London business days Spread (+/-): + .30%
before interest payment date Spread Multiplier:
Interest Payment Period: Monthly Alternate Rate Event
Interest Payment Dates: 1st of each month Spread
Maximum Interest Rate:
Minimum Interest Rate:
Index Maturity: Monthly
Redemption:
The Notes cannot be redeemed prior to maturity
X The Notes may be redeemed prior to maturity
Redemption Redemption
Date(s) Price(s)
01/04/99 and each payment date thereafter w/30 days notice Par
Repayment:
X The Notes cannot be repaid prior to maturity at the option of
the holders thereof The Notes may be repaid prior to maturity at
the option of the holders thereof
Redemption Redemption
Date(s) Price(s)
Original Issue Discount Note: Yes X No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
As of the date of the issuance of the Series D Notes covered hereby,
after giving effect to the issuance thereof, and after giving effect to the
principal amount of any Medium-Term Notes being concurrently or theretofore
issued or retired (including, without limitation, any Series A, Series B, Series
C and any Series D Notes), there will be $160 million in aggregate principal
amount of the Company's Medium-Term Notes (including, without limitation, Series
A Notes, Series B Notes, Series C and the Series D Notes) outstanding.
