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): September 19, 2008
DUKE ENERGY INDIANA, INC.
(Exact Name of Registrant as Specified in its Charter)
Indiana | | 001-03543 | | 35-0594457 |
(State or Other Jurisdiction
of Incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
1000 East Main Street, Plainfield, Indiana 46168
(Address of Principal Executive Offices, including Zip code)
(704) 594-6200
(Registrant’s telephone number, including area code)
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))
Item 1.01. Entry into a Material Definitive Agreement.
On September 19, 2008, Duke Energy Indiana, Inc. and Duke Energy Kentucky, Inc., entered into a $330,000,000 Letter of Credit Agreement among the registrant and Duke Energy Kentucky, as Borrowers, the banks listed therein, Bank of America, N. A., as Administrative Agent, Banco Bilbao Vizcaya Argentaria, S.A. - New York Branch, as Syndication Agent, and The Bank of Tokyo-Mitsubishi UFJ, Ltd., Intesa Sanpaolo S.p.A., New York Branch, Mizuho Corporate Bank (USA), and Wells Fargo Bank, National Association, as Co-Documentation Agents, pursuant to which the Borrowers may request the issuance of letters of credit on their behalf of up to $278,640,000 and $51,360,000, respectively. Letters of Credit may be issued under the Letter of Credit Agreement as irrevocable direct pay letters of credit to support various series of tax-exempt variable rate demand bonds issued or to be issued on behalf of the Borrowers.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DUKE ENERGY INDIANA, INC. |
| | |
| | |
Date: September 23, 2008 | By: | /s/ Robert T. Lucas III |
| Name: | Robert T. Lucas III |
| Title: | Assistant Secretary |
| | | | |
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