5/8/13 N.Y. St. Reg. PSC-01-13-00016-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 4/18/13, the PSC adopted an order approving a petition authorizing the issuance of up to $518 million of securities and to enter into derivative instruments.
Statutory authority:
Public Service Law, section 69
Subject:
Approval of the issuance of securities and to enter into derivative instruments.
Purpose:
To approve the issuance of securities and to enter into derivative instruments.
Substance of final rule:
The Commission, on April 18, 2013 adopted an order approving the petition of Rochester Gas and Electric Corporation to issue $518 million of long-term indebtedness, preferred stock and hybrid securities and to enter into derivative instruments, not later than December 31, 2015, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Deborah Swatling, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2659, email:
deborah.swatling@dps.ny.gov An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.