TEXAS UTILITIES ELECTRIC CO
SC 13E4/A, 1996-01-03
ELECTRIC SERVICES
Previous: ALLIANCE MUNICIPAL TRUST, 497, 1996-01-03
Next: PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST, NSAR-B/A, 1996-01-03




                                    SCHEDULE 13E-4
                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                            ISSUER TENDER OFFER STATEMENT
           (PURSUANT TO SECTION 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF
                                        1934)
                                   AMENDMENT NO. 1
            
                                 (CORRECTED VERSION)
             
                           TEXAS UTILITIES ELECTRIC COMPANY
                                   (Name of Issuer)

                           TEXAS UTILITIES ELECTRIC COMPANY
                         (Name of Person(s) Filing Statement)

               DEPOSITARY SHARES, EACH REPRESENTING 1/4TH OF A SHARE OF
                 $8.20 CUMULATIVE PREFERRED STOCK, WITHOUT PAR VALUE,
                       (LIQUIDATION PREFERENCE $100 PER SHARE)

               DEPOSITARY SHARES, EACH REPRESENTING 1/4TH OF A SHARE OF
                 $7.50 CUMULATIVE PREFERRED STOCK, WITHOUT PAR VALUE,
                       (LIQUIDATION PREFERENCE $100 PER SHARE)

               DEPOSITARY SHARES, EACH REPRESENTING 1/4TH OF A SHARE OF
                 $7.22 CUMULATIVE PREFERRED STOCK, WITHOUT PAR VALUE,
                       (LIQUIDATION PREFERENCE $100 PER SHARE)
                           (Title of Classes of Securities)

                                      882850 480
                                      882850 449
                                      882850 415
                       (CUSIP Numbers of Classes of Securities)


          ROBERT A. WOOLDRIDGE,    PETER B. TINKHAM   ROBERT J. REGER, JR.,
                   ESQ.            Texas Utilities             ESQ.
           Worsham, Forsythe &     Electric Company     Reid & Priest LLP
            Wooldridge, L.L.P.        Secretary        40 West 57th Street
            1601 Bryan Street     1601 Bryan Street     New York, New York
           Dallas, Texas 75201   Dallas, Texas 75201          10019
              (214) 979-3000        (214) 812-4600        (212) 603-2000

             (Name, Address and Telephone Number of Person Authorized to
                                 Receive Notices and
             Communications on Behalf of the Person(s) Filing Statement)


                                   November 8, 1995

            (Date Tender Offer First Published, Sent or Given to Security
                                       Holders)


                              Calculation of Filing Fee
                ------------------------------------------------------
                    Transaction                   Amount of 
                    Valuation                     Filing Fee
                    $498,663,300                  $99,733
               ------------------------------------------------------

          [X]  Check box  if any part of  the fee is offset  as provided by 
               Rule 0-11(a)(2)  and identify  the  filing  with  which  the
               offsetting fee  was previously paid.   Identify the previous
               filing  by  registration statement  number, or  the  Form or
               Schedule and the date of its filing.

          Amount Previously Paid:  $164,412.37
          Form or Registration No.:  Registration  Statement  No.  33-63031
          and 33-63031-01, and 33-63033 and 33-63033-01 on Form S-4
          Filing Parties:  Texas Utilities  Electric  Company, TU  Electric
          Capital I and TU Electric Capital II
          Date Filed:  September 28, 1995


          <PAGE>


          ITEM 8.   Additional Information.*

             
          The Exchange Offer  expired on December 6, 1995.   The results of
          the Exchange  Offer were  as  follows: (i)  1,653,258  Depositary
          Shares, each representing  1/4th of a  share of $8.20  Cumulative
          Preferred Stock, without par  value (liquidation preference  $100
          per  share)  were  tendered  for  cash  and   1,991,253  of  such
          Depositary  Shares  were  exchanged for  9.00%  Trust  Originated
          Preferred Securities of  TU Electric Capital  II; (ii)  2,654,924
          Depositary Shares,  each representing 1/4th  of a share  of $7.50
          Cumulative   Preferred  Stock,  without  par  value  (liquidation
          preference  $100 per share) were tendered  for cash and 3,435,442
          of  such  Depositary  Shares  were  exchanged  for  8.25%   Trust
          Originated  Preferred Securities of TU  Electric Capital I plus a
          cash  component;  and  (iii) 2,943,568  Depositary  Shares,  each
          representing  1/4th  of a  share  of  $7.22 Cumulative  Preferred
          Stock, without par value (liquidation preference $100 per  share)
          were tendered  for cash and  2,435,602 of such  Depositary Shares
          were exchanged for 8.25% Trust Originated Preferred Securities of
          TU Electric Capital I plus a cash component.
              

             
          *The  information  in  this paragraph  corrects  the  information
          provided in  Amendment  No. 1  as  filed  December 19,  1995,  in
          compliance  with  Rule  13E-4(c)(3).    The  corrected  amendment
          reports tenders of Depositary Shares made prior to the expiration
          of  the  Exchange Offer  by  letter  of transmittal,  subject  to
          delivery of certificates  for such shares,  for which receipt  of
          certificates by the Exchange Agent was recorded after December 19
          and on or before December 26, 1995. 
              

          <PAGE>


                                      SIGNATURE

              After due 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:  January 3, 1996          Texas Utilities Electric Company



                                            By: /s/ Robert J. Reger, Jr.
                                               ____________________________
                                               Robert J. Reger, Jr.
                                               Attorney-in-Fact




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