SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-6B-2
Certificate of Notification
Certificate is filed by:
Arkansas Power & Light Company ("AP&L")
425 West Capitol Avenue
Little Rock, Arkansas 72201
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 48.
1. Type of security or securities:
The Loan Agreement executed by AP&L and Pope County,
Arkansas (the "County") pursuant to which the County loaned
and AP&L will repay on an installment basis the net
proceeds of the sale and issuance by the County of
$120,000,000 Pollution Control Revenue Bonds (Arkansas
Power & Light Company Project) Series 1995 ("The Bonds").
2. Issue, renewal or guaranty:
Guaranty.
3. Principal amount of each security:
The Bonds: $120,000,000 aggregate principal amount.
4. Rate of interest per annum of each security:
The Bonds: 6.30% per annum.
5. Date of issue, renewal or guaranty of each security:
The Loan Agreement: November 15, 1995.
The Bonds: November 29, 1995
6. If renewal of security, give date of original issue:
Not applicable.
7. Date of maturity of each security:
The Bonds: November 1, 2020.
8. Name of the person to whom each security was issued, renewed or
guaranteed:
The Loan Agreement was executed by the County and AP&L to
secure the repayment by AP&L of the proceeds of The Bonds.
The Bonds were secured by a pledge and assignment
by the County to Simmons First National Bank, Pine Bluff,
Arkansas, as Trustee , of the payments to be made by AP&L
pursuant to the Loan Agreement which payments will be
sufficient to enable the Trustee to pay when due the
principal of and premium, if any, and interest
on The Bonds.
9. Collateral given with each security, if any:
Not applicable.
10. Consideration received for each security:
Proceeds of the sale of The Bonds were loaned by the
County to AP&L pursuant to the Loan Agreement.
11. Application of proceeds of each security:
The Bonds were issued to provide funds for
the redemption of $120,000,000 principal amount of 11%
Pollution Control Revenue Bonds Series 1985 (Arkansas
Power & Light Company Project) issued by Pope County
to finance in part the acquisition, construction and
installation of certain air and water pollution
control and sewage and solid waste disposal
facilities at the Arkansas Nuclear One Generating
Plant owned by AP&L located in Pope County.
12. Indicate by ("X") 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 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 then 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:
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 48, designate the
rule under which exemption is claimed:
Rule 52.
ARKANSAS POWER & LIGHT COMPANY
By: /s/ William J. Regan, Jr.
William J. Regan, Jr.
Vice President and Treasurer
Date: December 8, 1995
