MAINE YANKEE ATOMIC POWER CO
U-6B-2, 1995-10-05
ELECTRIC SERVICES
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FORM U-6B-2                      
                        
SECURITIES AND EXCHANGE COMMISSION

               Washington, D.C.

                 FORM U-6B-2                  File No. 70-7627

          Certificate of Notification

     Filed by a registered holding company or subsidiary thereof
pursuant to Rule U-20-(d) adopted under the Public Utility Holding
Company Act of 1935.

Certificate is filed by Maine Yankee Atomic Power Company

     This certificate is notice that the above named company has
issued, renewed or guaranteed the security or securities
described herein which issue, renewal or guaranty was exempted
from the provisions of Section 6(a) of the Act and was neither
the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.

1.   Type of the security or securities*  See Exhibit 1.

2.   Issue, renewal or guaranty:  See Exhibit 1.

3.   Principal amount of each security.  See Exhibit 1.

4.   Rate of interest per annum of each security.  See Exhibit 1.

5.   Date of issue, renewal or guaranty of each security.  See Exhibit 1.

6.   If renewal of security, give date of original issue.  See Exhibit 1.

7.   Date of maturity of each security.  See Exhibit 1.

8.   Name of the person to whom each security was issued, renewed
or guaranteed.  See Exhibit 1.

9.   Collateral given with each security, if any.  See Exhibit 1.

10.  Consideration received for each security.  See Exhibit 1.

11.  Application of proceeds of each security.  See Exhibit 1.
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12.  Indicate by a check after the applicable statement below
whether the issue, renewal or guaranty of each security was
exempt from the provisions of Section 6(a) because of

a.   the provisions contained in the first sentence of Section
6(b),

b.   the provisions contained in the fourth sentence of Section
6(b),

c.   the provisions contained in any rule of the Commission other
than Rule U-48.  X  Rule 52.

(If reporting for more than one security insert the identifying
symbol after applicable statement.)

13.  If the security or securities were exempt from the
provisions of Section 6(a) by virtue of the first sentence of
Section 6(b), give the figures which indicate that the security
or securities aggregate (together with all other than outstanding
notes and drafts of a maturity of nine months or less, exclusive
of days of grace, as to which such company is primarily or
secondarily liable) not more than 5 per centum of the principal
amount and par value** of the other securities of such company
then outstanding.  (Demand notes, regardless of how long they may
have been outstanding, shall be considered as maturing in not
more than nine months for purposes of the exemption from Section
6(a) of the Act granted by the first sentence of Section 6(b).  Not
Applicable.

14.  If the security or securities are exempt from the provisions
of Section 6(a) because of the fourth sentence of Section 6(b),
name the security outstanding on January 1, 1935, pursuant to the
terms of which security or securities herein described have been
issued.  Not Applicable.

15.  If the security or securities are exempt from the provisions
of Section 6(a) because of any rule of the Commission other than
Rule U-48 designate the rule under which exemption is claimed.  Rule 52.

                             Maine Yankee Atomic Power Company


                         By   Patrick s. Lydon   
                              Patrick S. Lydon, V.P. Finance & Administration
Date: October 5, 1995
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<PAGE>
Exhibit 1
Maine Yankee Atomic Power Company
Table I
(Dollars in Thousands)
<TABLE>
<CAPTION>
<S>       <C>               <C>    <C>     <C>    <C>      <C>  <C>      <C>
Question  1                 2      3       4      5        6    7        8
Loan       
A         Promissory Note   Issue   5,000  6.18%  07/07/95 N/A  07/21/95 BNY
B         Promissory Note   Issue   1,000  6.10%  07/07/95 N/A  07/21/95 FL
C         Promissory Note   Issue   6,000  6.09%  07/07/95 N/A  08/07/95 FL
D         Promissory Note   Issue  10,000  6.15%  07/31/95 N/A  08/21/95 FL
E         Promissory Note   Issue   6,000  6.16%  08/07/95 N/A  09/06/95 FL
F         Promissory Note   Issue   2,000  6.16%  08/21/95 N/A  09/06/95 FL
G         Promissory Note   Issue   8,000  6.15%  09/06/95 N/A  09/25/95 FL
H         Promissory Note   Issue   4,000  6.16%  09/06/95 N/A  10/06/95 FL
</TABLE>
All Notes under the Secured Credit Agreement dated as of August 15, 1989,
among Maine Yankee Atomic Power Company ("Maine Yankee"), The Bank of New
York, as Agent, and the Banks listed below, as amended (the "Credit
Agreement"), are payable to the five lender banks (the "Banks") listed below
in the ratio of each Bank's Commitment to the Aggregate Commitments of
$50,000,000, except for Bid Loans, which are payable solely to the Bank that
was the successful bidder.  The Banks, their name abbreviations for
convenience of reference in this Schedule, and the amounts of their individual
Commitments are as follows:
     
    Bank and Name Abbreviation                       Commitment
     
    The Bank of New York ("BNY")                     $20,000,000
    The First National Bank of Boston ("FNBB")         7,500,000
    Union Bank of Switzerland ("UBS")                  7,500,000
    The Toronto-Dominion Bank ("TD")                   7,500,000
    Fleet Bank of Maine ("FL")                         7,500,000
        Aggregate Commitments                        $50,000,000
     
The Notes bear interest at the Base Rate, the Adjusted CD Rate, the Adjusted
Eurodollar Rate, or the Bid Loan Rate, all as described in the Credit
Agreement, with such fees as are provided in the Credit Agreement.

Question 9:     
The Notes are secured by a first lien on Maine Yankee's nuclear fuel inventory
and its rights to payment for fuel costs from the electric utility companies
that sponsor Maine Yankee (the "Sponsors") pursuant to Power Contracts dated
as of May 20, 1968, as amended, and an Additional Power Contract dated as of
February 1, 1984.  The Notes are also secured by Maine Yankee's rights to
require the Sponsors to purchase the common stock of, or contribute capital or
make loans or advances to, Maine Yankee to finance the costs of obtaining and
maintaining an inventory of nuclear fuel pursuant to Capital Funds Agreements,
dated as of May 20, 1968, with each of the Sponsors.

Questions 10 and 11:     
The consideration for the Loans is cash.  The proceeds of the Loans are used
for general corporate purposes.

The terms used in this Schedule and not defined herein are used as defined in
the Credit Agreement.
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