EXHIBIT 99.5
NOTICE OF GUARANTEED DELIVERY
TO TENDER
5.85% Senior Secured Notes due 2001
6.339% Senior Secured Notes due 2009
6.927% Senior Secured Bonds due 2029
(INCLUDING THOSE IN BOOK-ENTRY FORM)
OF
MIDAMERICAN FUNDING, LLC
PURSUANT TO THE EXCHANGE OFFER AND PROSPECTUS DATED [___________], 1999
As set forth in the Prospectus (as defined), this form or one
substantially equivalent hereto must be used to accept the Exchange Offer (i) if
certificates for the 5.85% Senior Secured Notes due 2001, the 6.339% Senior
Secured Notes due 2009 and/or the 6.927% Senior Secured Securities due 2029
(collectively, the "Initial Securities") of MidAmerican Funding, LLC, are not
immediately available, (ii) time will not permit a holder's Initial Securities
or other required documents to reach The Bank of New York (the "Exchange Agent")
on or prior to the Expiration Date (as defined) or (iii) the procedure for
book-entry transfer cannot be completed on a timely basis. This form may be
delivered by facsimile transmission, registered or certified mail, by hand or by
overnight delivery service to the Exchange Agent. See "The Exchange
Offer--Procedures for Tendering" in the Prospectus.
- --------------------------------------------------------------------------------
THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY
TIME, ON [____________] (THE "EXPIRATION DATE"), UNLESS THE EXCHANGE OFFER IS
EXTENDED BY MIDAMERICAN FUNDING.
- --------------------------------------------------------------------------------
THE EXCHANGE AGENT FOR THE EXCHANGE OFFER IS:
THE BANK OF NEW YORK
DELIVER TO:
By Registered or Certified Mail: By Hand or Overnight Delivery:
The Bank of New York The Bank of New York
101 Barclay Street 101 Barclay Street
New York, New York 10286 New York, New York 10286
Attention: [____________] Attention: [____________]
By Facsimile:
(Eligible Institutions Only)
([__]) [_______]
For Information or
Confirmation by Telephone:
([__]) [_______]
Originals of all documents sent by facsimile should be sent promptly by
registered or certified mail, by hand or by overnight delivery service.
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OR
TRANSMISSION OF THIS NOTICE OF GUARANTEED DELIVERY VIA FACSIMILE
OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
Ladies and Gentlemen:
The undersigned hereby tenders to MidAmerican Funding, LLC, upon the
terms and subject to the conditions set forth in the Prospectus dated
[__________], 1999 (as the same may be amended or supplemented from time to
time, the "Prospectus"), and the related Letter of Transmittal, receipt of which
is hereby acknowledged, the aggregate principal amount of Initial Securities set
forth below pursuant to the guaranteed delivery procedures set forth in the
Prospectus under the caption "The Exchange Offer--Guaranteed Delivery
Procedures."
- --------------------------------------------------------------------------------
Name(s) of Registered Holder(s):
------------------------------------------------
Aggregate Principal Amount of
5.85% Senior Secured Notes due 2001 Tendered: $
---------------------------------
Aggregate Principal Amount of
6.339% Senior Secured Notes due 2009 Tendered: $
--------------------------------
Aggregate Principal Amount of
6.927% Senior Secured Bonds due 2029 Tendered: $
--------------------------------
Certificate No.(s)
(if available):
-----------------------------------------------------------------
(Total Principal Amount Represented by
Initial Securities Certificate(s)):
---------------------------------------------
$
-------------------------------------------------------------------------------
If Initial Securities will be tendered by book-entry transfer, provide the
following information;
DTC Account Number:
-------------------------------------------------------------
Date:
---------------------------------------------------------------------------
* Must be in denominations of $1,000 and any integral multiple thereof.
- --------------------------------------------------------------------------------
All authority herein conferred or agreed to be conferred shall survive
the death or incapacity of the undersigned and every obligation of the
undersigned hereunder shall be binding upon the heirs, personal representatives,
successors and assigns of the undersigned.
- --------------------------------------------------------------------------------
PLEASE SIGN HERE
X
---------------------------------- -----------------------------------
X
---------------------------------- -----------------------------------
Signature(s) or Owner(s) Date
or Authorized Signatory
Area Code and Telephone Number:
------------------------------------------------
Must be signed by the holder(s) of the Initial Securities as their
name(s) appear(s) on certificates for Initial Securities or on a security
position listing, or by person(s) authorized to become registered holder(s) by
endorsement and documents transmitted with this Notice of Guaranteed Delivery.
If signature is by a trustee, executor, administrator, guardian,
attorney-in-fact, officer or other person acting in a fiduciary or
representative capacity, such person must set forth his or her full title below.
PLEASE PRINT NAME(S) AND ADDRESS(ES)
Name(s):
-----------------------------------------------------------------------
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
Capacity:
----------------------------------------------------------------------
Address(es):
-------------------------------------------------------------------
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
THE GUARANTEE ON THE NEXT PAGE MUST BE COMPLETED.
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a member of or participant in the Securities Transfer
Agents Medallion Program, the New York Stock Exchange Signature Program or a
firm or other entity identified in Rule 17Ad-15 under the Securities Exchange
Act of 1934, as amended, as an "eligible guarantor institution," including (as
such terms are defined therein): (i) a bank; (ii) a broker, dealer, municipal
securities broker, municipal securities dealer, government securities broker or
government securities dealer; (iii) a credit union; (iv) a national securities
exchange, registered securities association or clearing agency; or (v) a savings
association that is a participant in a Securities Transfer Association
recognized program (each of the foregoing being referred to as an "Eligible
Institution"), hereby guarantees to deliver to the Exchange Agent, at one of its
addresses set forth above, either the Initial Securities tendered hereby in
proper form for transfer, or confirmation of the book-entry transfer of such
Initial Securities to the Exchange Agent's account at The Depositary Trust
Company, pursuant to the procedures for book-entry transfer set forth in the
Prospectus, within three New York Stock Exchange, Inc. trading days after the
date of execution of this Notice of Guaranteed Delivery.
The undersigned acknowledges that it must deliver the Initial
Securities tendered hereby to the Exchange Agent within the time period set
forth above and that failure to do so could result in a financial loss to the
undersigned.
- --------------------------------------------------------------------------------
- ----------------------------------- -----------------------------------
Name of Firm Authorized Signature
- ----------------------------------- -----------------------------------
Address Title
- ----------------------------------- -----------------------------------
Zip Code (Please Type or Print)
Area Code and Telephone
No.: Dated:
------------------------------- -----------------------------
- --------------------------------------------------------------------------------
NOTE: DO NOT SEND CERTIFICATES FOR INITIAL SECURITIES WITH THIS FORM.