Company: CNLHP
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001628280-25-037369
Chunk: 128

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 128
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-Term Debt - Commercial Paper Programs and Credit Agreements:  Eversource parent has a $2.00 billion commercial paper program allowing Eversource parent to issue commercial paper as a form of short-term debt.  Eversource parent, CL&P, PSNH, NSTAR Gas, Yankee Gas, EGMA and Aquarion Water Company of Connecticut are parties to a five-year $2.00 billion revolving credit facility, which terminates on October 11, 2029.  This revolving credit facility serves to backstop Eversource parent's $2.00 billion commercial paper program.   

NSTAR Electric has a $650.0 million commercial paper program allowing NSTAR Electric to issue commercial paper as a form of short-term debt.  NSTAR Electric is also a party to a five-year $650.0 million revolving credit facility, which terminates on October 11, 2029, that serves to backstop NSTAR Electric's $650.0 million commercial paper program.  

The amount of borrowings outstanding and available under the commercial paper programs were as follows:

Borrowings Outstanding as ofAvailable Borrowing Capacity as ofWeighted-Average Interest Rate as ofJune 30, 2025December 31, 2024June 30, 2025December 31, 2024June 30, 2025December 31, 2024(Millions of Dollars)Eversource Parent Commercial Paper Program $950.5 $1,538.0 $1,049.5 $462.0 4.78 %4.76 %NSTAR Electric Commercial Paper Program 430.0 504.8 220.0 145.2 4.57 %4.55 %

There were no borrowings outstanding on the revolving credit facilities as of June 30, 2025 and December 31, 2024.

CL&P and PSNH have uncommitted line of credit agreements totaling $375 million and $250 million, respectively, all of which will expire in either September 2025, October 2025 or May 2026.  There are no borrowings outstanding on either the CL&P or PSNH uncommitted line of credit agreements as of June 30, 2025 and December 31, 2024.

Amounts outstanding under the commercial paper programs are included in Notes Payable and classified in current liabilities on the Eversource and NSTAR Electric balance sheets, as all