Wisconsin Electric Power Company PFD 3.60% (WELPP)
Filed: 6 May 21, 11:40am
| Co-Registrant CIK | 0001840327 |
| Co-Registrant Amendment Flag | false |
| Co-Registrant Form Type | 8-K |
| Co-Registrant DocumentPeriodEndDate | 2021-05-04 |
| Co-Registrant Written Communications | false |
| Co-Registrant Solicitating Materials | false |
| Co-Registrant PreCommencement Tender Offer | false |
| Co-Registrant PreCommencement Issuer Tender Offer | false |
| Co-Registrant Entity Emerging Growth Company | false |
| Co-Registrant CityAreaCode | |
| Co-Registrant LocalPhoneNumber |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
May 4, 2021
| Commission File Number | Registrant; State of Incorporation; Address; and Telephone Number | IRS Employer Identification No. | ||
| 001-01245 | WISCONSIN ELECTRIC POWER COMPANY | 39-0476280 | ||
| (A Wisconsin Corporation) | ||||
| 231 West Michigan Street | ||||
| P.O. Box 1331 | ||||
| Milwaukee, WI 53201 | ||||
| (414) 221-2345 |
| 333-252252-01 | WEPCO ENVIRONMENTAL TRUST FINANCE I, LLC | 86-1294212 | ||
| (A Delaware limited liability company) | ||||
| c/o Wisconsin Electric Power Company | ||||
| 231 West Michigan Street | ||||
| P.O. Box 1331 | ||||
| Milwaukee, WI 53201 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
ITEM 8.01 OTHER EVENTS.
On May 4, 2021, Wisconsin Electric Power Company and WEPCo Environmental Trust Finance I, LLC (the “Issuing Entity”) entered into an Underwriting Agreement with Barclays Capital Inc., as representative of the underwriters party thereto, covering the purchase and sale of $118,814,000 aggregate principal amount of Environmental Trust Bonds, Series 2021 (the “ETBs”), to be issued by the Issuing Entity pursuant to an Indenture and Series Supplement, each to be dated May 12, 2021. The ETBs were offered pursuant to a prospectus dated May 4, 2021. In connection with the issuance of the ETBs, Wisconsin Electric Power Company and the Issuing Entity also expect to enter into the other agreements listed below in Item 9.01, which together with the Underwriting Agreement are attached hereto as exhibits and incorporated by reference herein.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WISCONSIN ELECTRIC POWER COMPANY | |
| Date: May 6, 2021 | /s/ William J. Guc |
| William J. Guc, Vice President, Controller and Assistant Corporate Secretary | |
| WEPCO ENVIRONMENTAL TRUST FINANCE I, LLC | |
| Date: May 6, 2021 | / s/ William J. Guc |
| William J. Guc, Vice President, Controller and Assistant Secretary |