MASSACHUSETTS ELECTRIC CO
U-6B-2, 1994-05-06
ELECTRIC SERVICES
Previous: MANITOWOC CO INC, SC 13G/A, 1994-05-06
Next: MERRILL LYNCH & CO INC, 424B3, 1994-05-06




<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.

                                  FORM U-6B-2

                          Certificate of Notification


Certificate is filed by:  Massachusetts Electric Company (the 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: 

    First Mortgage Bonds, Series U, Issue 94-2, 8.08%, due 2024.

2.  Issue, renewal or guaranty:

    Issuance.

3.  Principal amount of each security:

    $5,000,000.

4.  Rate of interest per annum of each security:

    8.08%.

5.  Date of issue, renewal or guaranty of each security:

    Date of issuance:  May 2, 1994.

6.  If renewal of security, give date of original issue:

    N/A.

7.  Date of maturity of each security:

    May 2, 2024.

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

    The New Bonds were issued to the Depository Trust Company, and CS First
    Boston Corporation acted as Agent in connection with the issuance.

9.  Collateral given with each security, if any:

    The Series U, Issue 94-2 Bonds were issued under and secured by a First
    Mortgage Indenture and Deed of Trust, dated as of July 1, 1949, and
    indentures supplemental thereto, including a Twentieth Supplemental
    Indenture.

10. Consideration received for each security:

    The Company received $4,962,500 as proceeds for the issuance.

<PAGE>
                                      -2-


11. Application of proceeds of each security:

    The Company applied the proceeds of $4,962,500 to the payment of short-
    term borrowings incurred for capitalizable additions and improvements to
    the plant and property of the Company.

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).

    ( x )  c.  the provisions contained in any rule of the Commission other
               than Rule U-48.

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.

         N/A.

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 the
    security or securities herein described have been issued.

         N/A.

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.



                                MASSACHUSETTS ELECTRIC COMPANY


                                   s/ Howard W. McDowell
                                By                             
                                   Howard W. McDowell
                                   Controller

Date:  May 6, 1994





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission