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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) MARCH 5, 1998
NORTHERN STATES POWER COMPANY
(Exact name of registrant as specified in its charter)
MINNESOTA
(State or other jurisdiction of incorporation)
1-3034 41-0448030
Commission File Number) (IRS Employer Identification No.)
414 NICOLLET MALL, MPLS, MN 55401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 612-330-5500
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On February 27, 1998, Northern States Power Company announced the redemption of
300,000 shares of its Cumulative Preferred Stock Adjustable Rate Series A and
650,000 shares of its Cumulative Preferred Stock Adjustable Rate B on March 31,
1998. Attached as Exhibit 99.01 is a news release describing the transaction.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
EXHIBIT
NO. DESCRIPTION
99.01 February 27, 1998 News Release from Northern States Power
Company
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Northern States Power Company
(a Minnesota Corporation)
By /S/
Edward J. McIntyre
Vice President and Chief
Financial Officer
Dated: MARCH 5, 1998
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EXHIBIT INDEX
METHOD OF EXHIBIT
FILING NO. DESCRIPTION
DT 99.01 February 27, 1998 News Release from
Northern States Power Company
DT = Filed electronically with this direct transmission.
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For more information:
NSP Media Representatives February 27, 1998
Minneapolis, Minn. (612) 337-2167 FOR IMMEDIATE RELEASE
NSP TO REDEEM CUMULATIVE PREFERRED STOCK
ADJUSTABLE RATE SERIES A AND B
MINNEAPOLIS -- Northern States Power Company (NSP) will redeem
all 300,000 shares of its Cumulative Preferred Stock Adjustable
Rate Series A on March 31, 1998.
Redemption of the 300,000 shares will be at $100 per share, plus
$1.375 per share for accrued dividends through March 31, 1998.
The terms of the redemption were established when the stock was
sold in 1986.
NSP will also redeem all 650,000 shares of its Cumulative
Preferred Stock Adjustable Rate Series B on March 31, 1998.
Redemption of the 650,000 shares will be at $100 per share, plus
$1.375 per share for accrued dividends through March 31, 1998.
The terms of the redemption were established when the stock was
sold in 1987.
NSP, as Transfer Agent, will handle the redemption. Detailed
instructions will be mailed to each shareholder explaining
redemption procedures. Redemption questions should be directed
to the NSP Shareholder's Department.
For more information, contact: NSP Media Representatives, (612)
337-2167.
