Pricing Supplement No. 8 Dated December 14, 1998 Rule 424(b)(3)
CUSIP #: 15405CCD2 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.
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Principal Amount: $25,000,000 Initial Interest Rate 7.03547%
Issue Price: $25,000,000
Base Rate: 1-mo. LIBOR + 1.50%
Trade Date: December 10, 1998 Federal Funds Rate Prime Rate
Original Issue Date: December 15, 1998 Treasury Rate Other (see att.)
Maturity Date: June 15, 2000 Commercial Paper Rate
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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 (+/-): + 1.50%
before interest payment date Spread Multiplier:
Interest Payment Period: Monthly Alternate Rate Event
Interest Payment Dates: 1st of each month Spread
1st interest payment January 4, 1999 Maximum Interest Rate:
Minimum Interest Rate:
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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)
03/01/99 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 $337 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.