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June 1, 2006
The Connecticut Light and Power Company
Pricing Term Sheet
| Issuer: | The Connecticut Light and Power Company | ||
| Size: | $250,000,000 First and Refunding Mortgage Bonds | ||
| Maturity: | June 1, 2036 | ||
| Coupon: | 6.350% | ||
| Price to Public: | 99.948% of face amount | ||
| Yield to Maturity: | 6.354% | ||
| Spread to Benchmark Treasury: | +108 basis points | ||
| Benchmark Treasury: | 5.375% due February 15, 2031 | ||
| Benchmark Treasury Yield: | 5.274% | ||
| Interest Payment Dates: | June 1 and December 1, commencing December 1, 2006 | ||
| Redemption Provisions: | |||
| Make-whole call: | At any time at a discount rate of Treasury plus 20 basis points | ||
| Settlement: | June 7, 2006 | ||
| CUSIP: | 207597 DV 4 | ||
| Ratings: | A3 by Moody's Investors Service, Inc., BBB+ by Standard & Poor's Ratings Services and A- by Fitch Ratings, Inc. | ||
[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 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, Barclays Capital Inc., an underwriter, will arrange to send you the prospectus if you request it by calling toll free 888-227-2275 Ext. 2663.
The Connecticut Light and Power Company