Connecticut Light & Power Co (Other)
11 Septembre 2007 - 12:01PM
Edgar (US Regulatory)
Free Writing Prospectus
Filed pursuant to Rule 433
Registration No. 333-141425-03
September 10, 2007
The Connecticut Light and Power Company
Pricing Term Sheet
Issuer:
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The Connecticut Light and Power Company
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Security:
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$100,000,000 6.375%
First and Refunding Mortgage Bonds, 2007 Series
|
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D due September 1, 2037
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Maturity:
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September 1, 2037
|
Coupon:
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6.375%
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Price to Public:
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99.765% of face amount
|
Yield to Maturity:
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6.393%
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Spread to Benchmark Treasury:
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+ 175 basis points
|
Benchmark Treasury:
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4.75% due February 15, 2037
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Benchmark Treasury Yield:
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4.643%
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Interest Payment Dates:
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March 1 and September 1, commencing March 1, 2008
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Redemption Provisions
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Make-whole call:
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At any time at a discount rate of Treasury plus 30
basis points
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Settlement:
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September 17, 2007
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CUSIP:
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207597EA9
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Ratings:
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A3 by Moodys Investors Service
|
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BBB+ by Standard & Poors Ratings Services
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A- by Fitch Ratings
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Joint Book-Running Managers:
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Barclays Capital Inc.
|
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J.P. Morgan Securities
Inc.
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Co-Managers:
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HSBC Securities (USA) Inc.
|
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Lehman Brothers Inc.
|
|
TD Securities (USA) LLC
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Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including
a prospectus) with the Securities and Exchange Commission (SEC) for the offering
to which this communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents the issuer has
filed with the SEC for more complete information about the issuer and this
offering. You may get these documents for free by visiting EDGAR on the SEC
Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any
dealer participating in the offering will arrange to send you the prospectus
if you request it by calling Barclays Capital Inc. toll free at 1-888-227-2275,
Ext. 2663, or J.P. Morgan Securities Inc. collect at 212-834-4533.