UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
- ---------------------------------------------
:
In the Matter of :
:
AMERICAN ELECTRIC POWER COMPANY, INC. : CERTIFICATE OF
1 Riverside Plaza : NOTIFICATION
Columbus, Ohio 43215 : NO. 17
:
(70-8429) :
:
(Public Utility Holding Company Act of 1935) :
- ---------------------------------------------:
THIS IS TO CERTIFY THAT AMERICAN ELECTRIC POWER COMPANY, INC.
("American"), in accordance with the terms and conditions of, and for the
purposes represented by, the Application-Declaration herein and the Order of the
Securities and Exchange Commission with respect thereto, dated December 22,
1994, HCAR No. 35-26200 (the "Order"), has carried out the transactions set
forth below:
1. During the calendar quarter ended March 31, 1999, American guaranteed
the bank loans to AEP Resources, Inc. ("Resources") listed on Exhibits A and B
attached hereto.
(a) On January 29, 1999, Resources made $2,145,000.00 in capital
contributions to AEP Resources Delaware, Inc.
(b) Resources made $4,961,925.07 in capital contributions to AEP
Resources International, Limited ("AEPRIL") as follows:
(i) $ 5,250.00 on January 27, 1999 (ii) $1,462,000.00 on January 29, 1999
(iii) $ 14,393.00 on January 29, 1999 (iv) $3,370,000.00 on February 23, 1999
(v) $ 17,887.07 on March 11, 1999
(vi) $ 80,000.00 on March 15, 1999
(vii) $ 12,395.00 on March 17, 1999
AEP Resources Delaware, Inc. and AEPRIL are Project Parents for Nanyang
General Light Electric Co. Ltd., a foreign utility company.
2. On January 26, 1999, Resources made capital contributions of $22,989.00
to AEPR Global Ventures B.V. and $10,000.00 to AEPR Global Investments BV. AEPR
Global Ventures B.V. and AEPR Global Investments BV are Project Parents formed
to bid on an interest in Loy Yang Power, which would have been a foreign utility
company.
3. American's total investments for the year-to-date is $13,216,000.00.
This Certificate of Notification is filed pursuant to the Commission's
Order in this proceeding.
AMERICAN ELECTRIC POWER COMPANY, INC.
By: /s/ A. A. Pena
Treasurer
June 1, 1999
certnot.17
Exhibit A
AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
QUARTERLY SHORT-TERM DEBT REPORT
AEP RESOURCES, INC.
Issue Maturity Interest Principal Maturity
Date Date Days Rate % Borrowed Interest Value
- ---- ---- ---- ------ -------- -------- -----
01/04/99 01/08/99 4 5.3000 $ 100,000.00 $ 58.89 $100,058.89
01/07/99 01/20/99 13 5.4400 100,000.00 196.44 100,196.44
01/08/99 01/15/99 7 5.1900 17,700,000.00 17,862.25 17,717,862.25
01/14/99 01/20/99 6 5.2490 200,000.00 174.97 200,174.97
01/15/99 01/29/99 14 4.9589 17,700,000.00 34,133.76 17,734,133.76
01/25/99 02/17/99 23 5.1900 7,200,000.00 23,874.00 7,223,874.00
01/29/99 02/17/99 19 5.0589 17,825,000.00 47,592.30 17,872,592.30
02/01/99 02/26/99 25 5.0589 2,000,000.00 7,026.25 2,007,026.25
02/08/99 02/25/99 17 5.2300 300,000.00 740.92 300,740.92
02/12/99 02/25/99 13 5.2000 300,000.00 563.33 300,563.33
02/17/99 02/25/99 8 5.1222 18,000,000.00 20,488.80 18,020,488.80
02/17/99 02/25/99 8 5.1100 7,500,000.00 8,516.67 7,508,516.67
02/19/99 02/26/99 7 5.1400 3,325,000.00 3,323.15 3,328,323.15
02/23/99 02/25/99 2 5.0021 100,000.00 27.79 100,027.79
02/25/99 03/15/99 18 5.1856 26,300,000.00 68,190.64 26,368,190.64
02/26/99 03/17/99 19 5.1875 5,350,000.00 14,647.48 5,364,647.48
03/01/99 03/09/99 8 5.2000 300,000.00 346.67 300,346.67
03/03/99 03/26/99 23 5.2200 1,700,000.00 5,669.50 1,705,669.50
03/09/99 03/26/99 17 5.2300 500,000.00 1,234.86 501,234.86
03/15/99 03/30/99 15 5.1222 26,400,000.00 56,344.20 26,456,344.20
03/17/99 03/26/99 9 5.0900 6,700,000.00 8,525.75 6,708,525.75
03/19/99 03/26/99 7 5.2400 500,000.00 509.44 500,509.44
03/26/99 04/15/99 20 5.1900 11,000,000.00 31,716.67 11,031,716.67
03/30/99 04/15/99 16 5.1856 2,600,000.00 5,992.25 2,605,992.25
03/31/99 04/08/99 8 5.2856 300,000.00 352.37 300,352.37
TOTAL 174,000,000.00 358,109.35 174,358,109.35
-------------- ----------- --------------
AEP RESOURCES, INC. TOTAL $174,000,000.00 $358,109.35 $174,358,109.35
=============== =========== ===============
Average Number of Days 13.04
Weighted Average Rate 5.1262
Exhibit B
QUARTERLY DEBT REPORT
AEP RESOURCES, INC.
Issue Maturity Interest Principal
Date Date Rate % Borrowed
02/01/99 06/01/99 5.18 $200,000,000.00
03/30/99 05/28/99 5.18 $340,000,000.00
