UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-6B-2
Certificate of Notification
Certificate is filed by: CSW International, Inc.
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 ("draft," "promissory note").
Promissory Note.
2. Issue, renewal or guaranty.
Guaranty of promissory notes issued by Sweeny Cogeneration
Limited Partnership.
3. Principal amount of each security.
Guaranty shall in no event exceed $4,500,000.
4. Rate of interest per annum of each security.
For each promissory note, variable rates of 25 basis points
over LIBOR escalating over time for base rate loans and
variable rates of 100 basis points over LIBOR escalating over
time for LIBOR loans.
5. Date of issue, renewal or guaranty of each security.
As of March 31, 1999.
6. If renewal of security, give date of original issue.
Not applicable.
7. Date of maturity of each security. (In the case of demand notes,
indicate "on demand.")
June 30, 2020.
8. Name of the person to whom each security was issued, renewed or guaranteed.
Westdeutsche Landesbank Girozentrale, New York Branch, and the
other lenders under a credit agreement.
9. Collateral given with each security, if any.
The assets of Sweeny Cogeneration Limited Partnership, subject
to certain exceptions.
10. Consideration received for each security.
$149 Million in total for all promissory notes.
11. Application of proceeds of each security.
Repayment of loans by affiliates.
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)*,
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b. the provisions contained in the fourth sentence of Section 6 (b),
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c. the provisions contained in any rule of the Commission other than Rule U-48.
X
(If reporting for more than one security insert the identifying symbol after
applicable statement.)
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. (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.
CSW INTERNATIONAL, INC.
By: /s/ TERRY D. DENNIS
Terry D. Dennis
President
Date: May 26, 1999
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*If reporting for more than one security each security may be
identified by symbol, which symbol should be used for each subsequent item. If
more convenient, information may be supplied by tabular statement using the
serial arrangement of this form.
**If a security had no principal amount or par value use the fair
market value as of date of issues of such security, and indicate how determined.
