Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 12

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 12
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  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.  Effective October 11, 2025, the revolving credit facility’s termination date was extended for one additional year to October 11, 2030, pursuant to the extension provisions contained in the existing credit agreement.  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.  Effective October 11, 2025, the revolving credit facility’s termination date was extended for one additional year to October 11, 2030, pursuant to the extension provisions contained in the existing credit agreement.  This revolving credit facility 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 ofSeptember 30, 2025December 31, 2024September 30, 2025December 31, 2024September 30, 2025December 31, 2024(Millions of Dollars)Eversource Parent Commercial Paper Program $1,038.5 $1,538.0 $961.5 $462.0 4.50 %4.76 %NSTAR Electric Commercial Paper Program 479.0 504.8 171.0 145.2 4.30 %4.55 %

There were no borrowings outstanding on the revolving credit facilities as of September 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 May 2026, September 2026 or October 2026.  There are no borrowings outstanding on either the CL&P or PSNH un