SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-6B-2
Certificate of Notification
Filed by a registered holding company or subsidiary thereof pursuant to
Rule U-20-(d) or U-47 adopted under the Public Utility Holding Company Act of
1935.
Certificate is filed by: HEC 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:
Treasury Rate Lock in the notional amount of $26,000,000.
2. Issue, renewal or guaranty:
Issue
3. Principal amount of each security:
$26,000,000 aggregate principal amount
4. Rate of interest per annum of each security:
6.073 percent.
5. Date of issue, renewal or guaranty of each security:
June 30, 1999
6. If renewal of security, give date of original issue:
Not Applicable
7. Date of maturity of each security:
October 29, 1999
8. Name of the person to whom each security was issued, renewed or
guaranteed:
Barclays Bank PLC
9. Collateral given with each security, if any:
Not applicable
10. Consideration received for each security:
None - exchange of interest payment commitments above or below 6.073%.
11. Application of proceeds of each security:
Not applicable
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
HEC INC.
By: /s/ Linda A. Jensen
Linda A. Jensen
Vice President-Finance, Treasurer & Clerk
Date: July 12, 1999
