FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 1, 1999
CAROLINA POWER & LIGHT COMPANY
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(Exact name of registrant as specified in its charter)
North Carolina 1-3382 56-0165465
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
411 Fayetteville Street, Raleigh, North Carolina 27601-1748
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(Address of principal executive offices)
Registrant's telephone number, including area code: (919) 546-6111
ITEM 5. OTHER EVENTS
(a) UNDERWRITING AGREEMENT. The Registrant has entered into an
Underwriting Agreement, dated March 1, 1999, with Salomon Smith Barney Inc., as
Representative of several Underwriters, in connection with the offering of
Senior Notes, 5.95% Series Due March 1, 2009 (the "Senior Notes Due 2009"),
registered with the Securities and Exchange Commission on Form S-3 (Reg. No.
333-69237). A copy of the Underwriting Agreement is filed herewith as Exhibit 1.
(b) SENIOR NOTE INDENTURE. The Registrant entered into an Indenture (For
Senior Notes) and a First Supplemental Senior Note Indenture, both dated as of
March 1, 1999, with The Bank of New York, as Trustee, in connection with the
offering of the Senior Notes Due 2009. Copies of the Indenture (For Senior
Notes) and the First Supplemental Senior Note Indenture are filed herewith as
Exhibits 4(a) and 4(b), respectively.
(c) SIXTY-SIXTH SUPPLEMENTAL INDENTURE TO THE MORTGAGE. The Registrant
has entered into a Sixty-sixth Supplemental Indenture to its Mortgage and Deed
of Trust, dated May 1, 1940 (the "Mortgage"), with The Bank of New York, W. T.
Cunningham and Douglas J. MacInnes, as Trustees, in connection with the issuance
of the Registrant's First Mortgage Bonds, 5.95% Senior Note Series Due March 1,
2009, which are being delivered as security for the Senior Notes Due 2009. A
copy of the Sixty-sixth Supplemental Indenture to the Mortgage is filed herewith
as Exhibit 4(c).
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS.
1 Underwriting Agreement, dated March 1, 1999, between
Carolina Power & Light Company and Salomon Smith Barney
Inc., as Representative of several Underwriters.
4(a) Indenture (For Senior Notes), dated as of March 1, 1999,
between Carolina Power & Light Company and The Bank of New
York, as Trustee.
4(b) First Supplemental Senior Note Indenture, dated as of
March 1, 1999, between Carolina Power & Light Company and
The Bank of New York, as Trustee.
4(c) Sixty-sixth Supplemental Indenture to Carolina Power &
Light Company's Mortgage and Deed of Trust, dated May 1,
1940,
between Carolina Power & Light Company and The Bank of New
York, W. T. Cunningham and Douglas J. MacInnes, as
Trustees.
12 Computation of Ratio of Earnings to Fixed Charges.
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.
CAROLINA POWER & LIGHT COMPANY
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Registrant
By: /s/ Glenn E. Harder
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Glenn E. Harder
Executive Vice President
and Chief Financial Officer
Date: March 18, 1999
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EXHIBIT INDEX
1 Underwriting Agreement, dated March 1, 1999, between Carolina Power &
Light Company and Salomon Smith Barney Inc., as representative of
several underwriters.
4(a) Indenture (For Senior Notes), dated as of March 1, 1999, between
Carolina Power & Light Company and The Bank of New York, as trustee.
4(b) First Supplemental Senior Note Indenture, dated as of March 1, 1999,
between Carolina Power & Light Company and The Bank of New York, as
trustee.
4(c) Sixty-sixth Supplemental Indenture to Carolina Power & Light Company's
Mortgage and Deed of Trust, dated May 1, 1940, between Carolina Power &
Light Company and The Bank of New York, W. T. Cunningham and Douglas J.
MacInnes, as Trustees.
12 Computation of Ratio of Earnings to Fixed Charges.