Kentucky Public Service Commission


View Case Filings for: 2015-00400


Case Number:2015-00400
Service Type:Water
Filing Date:12/2/2015
Category:Regular
Utilities:

Kentucky-American Water Company


Case Nature:

APPLICATION OF KENTUCKY-AMERICAN WATER COMPANY FOR ISSUANCE OF INDEBTEDNESS AND CONTINUED PARTICIPATION WITH AMERICAN WATER CAPITAL CORP.









Case Filings
FilingDocuments
1/19/2016 10:08:00 AM

Final Order Entered: 1. KAWC is authorized to continue participating in the AWCC borrowing program under the terms of the Financial Services Agreement that it executed with AWCC on June 15, 2000. 2. a. KAWC is authorized to issue to AWCC securities in the form of notes or debentures in an aggregate amount of $12,250,000 from time to time, prior to December 31 , 2017, for the purpose of refinancing the short-term debt used to fund various construction expenditures and to meet other internal cash requirements. b. KAWC shall obtain an interest rate from AWCC that is no greater than the lowest available rate to KAWC or the average rate available on bonds issued by AWCC. 3. At least 15 days prior to KAWC's issuance of any notes or debentures that have been authorized herein, KAWC shall notify the Commission in writing of the proposed issuance. In this notice, KAWC's President and Treasurer shall certify under oath the amount of the issuance and that the debt issuance does not exceed the total amount authorized in this Order. 4. For all securities or evidences of indebtedness that have a term exceeding two years and that are issued under the Financial Services Agreement's borrowing program, KAWC shall file a report detailing the terms and conditions of the particular securities issued. It shall include an analysis showing that the interest rate for the securities was the most reasonable under the circumstances at the time of the issuance.


12/29/2015

KAWC Response to Information Request


12/15/2015 9:48:27 AM

COMMISSION STAFF'S INITIAL REQUEST FOR INFORMATION TO KENTUCKY-AMERICAN WATER COMPANY


12/11/2015 4:11:45 PM

No Deficiency Letter


12/2/2015 4:06:09 PM

Acknowledge Receipt of Filing


12/2/2015

Kentucky-American Water Company Application for Issuance of Indebtedness and Continued Participation with American Water Capital Corp.