SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by a registered holding company or subsidiary thereof pursuant to
Rule U-20-(d) [Reg. ss. 250.20, P. 36,652] or U-47 [Reg. ss. 250.47, P. 36,620]
adopted under the Public Utility Holding Company Act of 1935
Certificate is filed by: Southwestern Public Service Company ("SPS"), a
subsidiary of New Century Energies, Inc.
This certificate is notice that the above named subsidiary 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 [Reg. ss. 250.48, P.
36,621].
1. Type of the security or securities ("draft," promissory note"):
Promissory note.
2. Issue, renewal or guaranty: Renewal and increase in commitments of
lenders under the credit agreements from $180,000,000 in the aggregate
to $200,000,000 in the aggregate. This renewal and increase in
commitment of lenders replaces the following credit facilities: a)
$150,000,000 credit facility through First National Bank of Chicago
(Agent), which matured on February 28, 1998. b) $30,000,000 credit
facility through Boatmen's First National Bank of Amarillo, Texas
(Agent), which matured on February 27, 1998.
3. Principal amount of each security: up to $200,000,000 in the
aggregate.
4. Rate of interest per annum of each security:
a) First National Bank of Chicago base rate or;
b) Fixed rate equal to the sum of .1875% per annum plus the
Eurodollar rate or;
c) First National Bank of Chicago Fixed C.D.Rate plus .325% per
annum.
5. Date of issue, renewal or guaranty of each security:
a) $200,000,000 Facility
i) Issuance date: February 27, 1998.
ii) No upstream guaranty provided.
6. If renewal of security, give date of original issue:
a) $150,000,000 facility - original issue date: December 30, 1992.
This facility was increased to $200,000,000 on February 27, 1998.
b) $30,000,000 facility - original issue date: October 31, 1983.
This facility was terminated upon issuance of the said
$200,000,000 facility (6a).
7. Date of maturity of each security: May 26, 1999.
8. Name of the person to whom each security was issued, renewed or
guaranteed: Southwestern Public Service Company.
9. Collateral given with each security, if any:
a) None
b) None
10. Consideration received for each security:
a) .06% per annum commitment fee on the unborrowed portion of the
Lender's commitment.
b) An annual administrative fee to the Agent.
11. Application of proceeds of each security:
a) Primarily as a back-up line of credit to support SPS's commercial
paper program which is used to fund general corporate needs.
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: Yes.
13. If the security of securities were exempt form 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) or 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 [Reg. ss. 250.48, P. 36,621] designate the rule under which
exemption is claimed. Rule 52(a).
Southwestern Public Service Company
By: /s/ James D. Steinhilper
Name: James D. Steinhilper
Title: Treasurer
