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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14D-9
(AMENDMENT NO. 1)
COMPANIA BOLIVIANA de ENERGIA ELECTRICA S.A.--
BOLIVIAN POWER COMPANY LIMITED
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(Name of Subject Company)
COMPANIA BOLIVIANA de ENERGIA ELECTRICA S.A.--
BOLIVIAN POWER COMPANY LIMITED
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(Name of Person Filing Statement)
Common Shares, without nominal or par value
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(Title of Class of Securities)
204425 102
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(CUSIP Number of Class of Securities)
David H. Peterson
Chairman of the Board and Chief Executive Officer
Compania Boliviana de Energia Electrica S.A.--
Bolivian Power Company Limited
Obrajes, Ave. Hernando Siles #5635
Entre Calles 10 y 11
La Paz, Bolivia
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(Name, Address and Telephone Number of Person Authorized
to Receive Notice and Communications on Behalf of the Person Filing Statement)
with a copy to:
Frank Voigt, Esq.
Dorsey & Whitney LLP
Pillsbury Center South
220 South Sixth Street
Minneapolis, MN 55402-1498
(612) 340-2781
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AMENDMENT NO. 1 TO INTRODUCTION OF SCHEDULE 14D-9
Tosli Acquisition B.V., a Netherlands private limited liability company
and a wholly-owned subsidiary of Tosli Investments N.V., a Netherlands public
limited liability company that is equally owned, through subsidiaries, by NRG
Energy, Inc., a Delaware corporation and a wholly-owned subsidiary of Northern
States Power Company, a Minnesota corporation, and Nordic Power Invest AB, a
Swedish corporation and a wholly-owned subsidiary of Vattenfall AB, a Swedish
corporation that is wholly-owned by the state of Sweden, hereby amend and
supplement their Solicitation/Recommendation Statement on Schedule 14D-9 filed
on August 26, 1999, as amended with respect to the offer by the Purchaser to
purchase all of the outstanding common shares of Compania Boliviana de Energia
Electrica S.A.--Bolivian Power Company Limited, a Nova Scotia corporation (the
"Company"), at a purchase price of U.S. $20.00 per Share, net to the Seller in
cash, without interest, pursuant to the terms and conditions of the Offer to
Purchase dated August 26, 1999 , and in the related Letter of Transmittal,
copies of which are attached hereto as Exhibits (d)(1) and (d)(2) respectively,
which as amended from time to time, together constitute the "Offer."
ITEM 8. ADDITIONAL INFORMATION TO BE FURNISHED
The information contained in all of the Exhibits referred to in Item 9 below is
incorporated herein by reference.
ITEM 9. MATERIAL TO BE FILED AS EXHIBITS
Item 9 of the Schedule 14D-9 is hereby amended and supplemented by adding a new
Exhibit as follows:
(a)(8) Press Release issued by the Company dated September 27, 1999.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: September 27, 1999 COMPANIA BOLIVIANA de ENERGIA
ELECTRICA S.A.--Bolivian Power Company
Limited
By /s/ Roger J. Dupuis
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Roger J. Dupuis
President and General Manager
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PRESS RELEASE SEPTEMBER 27, 1999
TOSLI ACQUISITION B.V. EXTENDS TENDER OFFER FOR COMPANIA BOLIVIANA de ENERGIA
ELECTRICA S.A. - BOLIVIAN POWER COMPANY LIMITED'S STOCK TO OCTOBER 25, 1999
New York, New York - September 27, 1999. Today, Compania Boliviana de Energia
Electrica S.A. - Bolivian Power Company Limited (the "Company") announced that
the tender offer of Tosli Acquisition B.V. ("Tosli") for all outstanding shares
of the Company's common stock has been extended until 12:00 Midnight, New York
City time, on Monday, October 25, 1999.
According to Tosli and the Company, the tender offer has been extended to
provide the shareholders additional time to tender their shares. In addition,
supplemental information will be promptly forwarded to the shareholders of the
Company when it becomes available.
Tosli's tender offer was scheduled to expire at Midnight, New York City time, on
Friday, September 24, 1999. According to the Company's Form 10-Q for the period
ended June 30, 1999, as of August 11, 1999, 4,202,575 shares were issued and
outstanding, and 9,700 shares were reserved for issuance pursuant to employee
stock options. The Depositary for the offer, U.S. Bank Trust National
Association, has advised Tosli that 38,670 outstanding shares of the Company
have been tendered as of the close of business on Thursday, September 23, 1999.
For more information, reporters may contact the Information Agent:
MACKENZIE PARTNERS, INC.
156 5th Avenue
New York, New York 10010
(800) 322-2885
