SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-6B-2
Certificate of Notification
Certificate is filed by: Connecticut Yankee Atomic Power 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:
Secured short-term notes (the "Notes") issued pursuant to the Credit
Agreement between the Company and a group of lenders,
including Toronto Dominion (Texas), Inc., as Agent Bank
and as Collateral Agent, dated as of March 7, 1997
(the "Credit Agreement").
2. Issue, renewal or guaranty:
Renewal
3. Principal amount of each security:
Up to $90,000,000 aggregate principal amount
4. Rate of interest per annum of each security:
Variable, depending upon borrowing option and interest period chosen
from time to time.
5. Date of issue, renewal or guaranty of each security:
March 7, 1997.
6. If renewal of security, give date of original issue:
August 1990
7. Date of maturity of each security:
The Credit Agreement expires August 14, 1998
8. Name of the person to whom each security was issued, renewed or
guaranteed:
Toronto-Dominion (Agent) $30,000,000
Canadian Imperial Bank of Commerce $20,000,000
Societe Generale $20,000,000
Westdeutsche Landesbank $20,000,000
9. Collateral given with each security, if any:
on a pro rata basis, with certain other debtholders, a first priority
perfected security interest in the Company's right, title and interest in, to
and under the following agreements:
Power Contracts dated as of July 1, 1964
Capital Funds Agreements dated as of September 1, 1964
Additional Power Contracts dated as of April 30, 1984
1987 Supplementary Power Contracts dated as of April 1, 1987
1996 Amendatory Agreement dated as of December 4, 1996
and all of the Company's rights to receive any federal or state income tax
refund and all proceeds of any and all of the foregoing.
10. Consideration received for each security:
Principal amount of each Note (See Item 8 above).
11. Application of proceeds of each security:
To redeem first mortgage bonds of the Company and to fund normal working
capital requirements.
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):
Not applicable
b. the provisions contained in the fourth sentence of Section 6(b):
Not applicable
c. the provisions contained in any rule of the Commission other than
Rule U-48:
X
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 the 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
CONNECTICUT YANKEE ATOMIC POWER COMPANY
By /s/Debra F. Guss
Northeast Utilities Service Company
Its Attorney
Date: May 11, 1998
