Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 148

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 148
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, respectively.  As of December 31, 2024, there were intercompany loans from Eversource parent to CL&P of $280.0 million.  Eversource parent charges interest on these intercompany loans at the same weighted-average interest rate as its commercial paper program.  Intercompany loans from Eversource parent are included in Notes Payable to Eversource Parent and classified in current liabilities on the respective subsidiary's balance sheets, as these intercompany borrowings are outstanding for no more than 364 days at one time.   

Long-Term Debt Issuance Authorizations:  On March 26, 2025, PURA approved Yankee Gas’ request for authorization to issue up to $360.0 million in long-term debt through December 31, 2026.  On May 27, 2025, the NHPUC approved PSNH’s request for authorization to issue up to $300.0 million in long-term debt through December 31, 2025.   

Long-Term Debt Issuances and Repayments:  The following table summarizes long-term debt issuances and repayments:

(Millions of Dollars)Interest RateIssuance/(Repayment)Issue Date or Repayment DateMaturity DateUse of Proceeds for Issuance/Repayment InformationCL&P Series A First Mortgage Bonds4.95 %$400.0 January 2025January 2030Repaid short-term debt, paid capital expenditures and working capitalNSTAR Electric Debentures4.85 %400.0 February 2025March 2030Repay 3.25% Debentures at maturity, repaid short-term debt, paid capital expenditures and working capitalNSTAR Electric Debentures5.20 %400.0 February 2025March 2035Repay 3.25% Debentures at maturity, repaid short-term debt, paid capital expenditures and working capitalNSTAR Electric Debentures5.20 %300.0 October 2025March 2035Repaid short-term debt, paid capital expenditures and working capitalPSNH Series Y First Mortgage Bonds4.40 %300.0 June 2025July 2028Repaid short-term debt, paid capital expenditures and working capitalEversource Parent Series HH Senior Notes4.45 %600.0 October 2025December 2030Repay Series J bonds at maturity and repaid short-term debt