69072 Federal Register / Vol. 65, No. 221 / Wednesday, November 15, 2000 / Notices

Issued in Washington, DC, on this 8th day

of November 2000.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 00–29230 Filed 11–14–00; 8:45 am]

BILLING CODE 7708–01–P

RAILROAD RETIREMENT BOARD

Notification of Meeting

The Railroad Retirement Board hereby

gives notice that the Board will meet at

11:00 a.m., November 15, 2000, in the

Board Room on the 8th floor of the

agency’s headquarters building located

at 844 N. Rush Street, Chicago, Illinois.

The Board, by recorded vote, has

determined that agency business

requires the scheduling of this meeting

with less than one week notice. The

subjects to be addressed at this meeting

are the Hearings Officer Vacancy and

Director of Administration/Chief

Enterprise Architect position.

The entire meeting will be closed to

the public. The person to contact for

more information is Beatrice Ezerski,

Secretary to the Board, phone No. 312–

751–4920.

Dated: November 9, 2000.

Beatrice Ezerski,

Secretary to the Board.

[FR Doc. 00–29310 Filed 11–13–00; 10:28

am]

BILLING CODE 7905–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 35–27270]

Filings Under the Public Utility Holding

Company Act of 1935, as Amended

(‘‘Act’’)

November 7, 2000.

Notice is hereby given that the

following filing(s) has/have been made

with the Commission pursuant to

provisions of the Act and rules

promulated uner the Act. All interested

persons are referred to the application(s)

and/or declaration(s) for complete

statements of the proposed

transaction(s) summarized below. The

application(s) and/or declaration(s) and

any amendment(s) is/are available for

public inspection through the

Commission’s Branch of Public

Reference.

Interested persons wishing to

comment or request a hearing on the

application(s) and/or declaration(s)

should submit their views in writing by

December 4, 2000, to the Secretary,

Securities and Exchange Commission,

Washington, DC 20549–0609, and serve

a copy on the relevant applicant(s) and/

or declarant(s) at the address(es)

specified below. Proof of service (by

affidavit or, in the case of an attorney at

law, by certificate) should be filed with

the request. Any request for hearing

should identify specifically the issues of

facts or laws that are disputed. A person

who so requests will be notified of any

hearing, if ordered, and will receive a

copy of any notice or order issued in the

matter. After December 4, 2000, the

application(s) and/or declaration(s), as

filed or as amended, may be granted

and/or permitted to become effective.

System Energy Resources, Inc. 70–9753

Entergy Corporation (‘‘Entergy’’), 639

Loyola Avenue, New Orleans, Louisiana

70113, a registered holding company,

Entergy’s electric generating subsidiary

company, System Energy Resources,

Inc. (‘‘System Energy’’), 1340 Echelon

Parkway, Jackson, Mississippi 39213,

and Entergy’s operating subsidiary

companies, Entergy Arkansas, Inc., 425

West Capitol, Little Rock, Arkansas

72201, Entergy Louisiana, Inc., 4809

Jefferson Highway, Jefferson, Louisiana

70121, Entergy Missippi, Inc., 308 East

Pearl Street, Jackson, Mississippi 39201,

Entergy New Orleans, Inc., 1600,

Perdido Building, New Orleans, LA

70112, have filed an applicationdeclaration under sections (6(a), 7, 9(a),

10, 12(b) and (12(d) of the Public Utility

Holding Company Act of 1935 (‘‘Act’’),

as amended, and rules 44, 45 and 54

under the Act. An initial notice of the

filing of the application-declaration was

issued on October 4, 2000 (HCAR No.

27240) (‘‘Initial Notice’’).

The Initial Notice described System

Energy’s Proposal to engage in certain

financing transactions from time to time

through December 31, 2005. Among

other things, System Energy proposed:

(1) To issue and sell one or more series

of its first mortgage bonds (‘‘Bonds’’),

and/or one or more series of its

Debentures (‘‘Debentures’’) in a

combined aggregate principal amount of

Bonds and Debentures not to exceed

$350 million; (2) to provide an

insurance policy for the payment of the

principal of and/or interest and/or

premium on one or more series of Bonds

or Debentures; (3) to enter into

arrangements for the issuance and sale

of tax-exempt revenue bonds in an

aggregate principal amount not to

exceed $500 million (‘‘Tax-Exempt

Bonds’’); (4) to provide for a more

favorable rating, on the Tax-Exempt

Bonds by arranging for letters of credit,

an insurance policy, or additional first

mortgage bonds up to an aggregate

amount not to exceed $565 million; and

(5) to enter into arrangements for the

issuance of municipal securities in an

aggregate principal amount not to

exceed $100 million (‘‘Municipal

Securities’’) to be issued in one or more

series through a state or local municipal

entity on behalf of System Energy.

Applicants now want to provide

terms and conditions for the Municipal

Securities. Each series of Municipal

Securities will be sold at such price,

will bear interest at such rate, either

fixed or adjustable, and will mature on

such date (not earlier than one year nor

more than fifty years from the first day

of the month of issuance) as will be

determined at the time of sale. No series

of Municipal Securities will be sold if

the fixed interest rate or initial

adjustable interest rate thereon would

exceed 15% per annum. One or more

series of Municipal Securities may

include provisions for redemption or

retirement prior to maturity, including

restrictions on optional redemption for

a given number of years.

In order to obtain a more favorable

rating and thereby improve the

marketability of the Municipal

Securities, System Energy may (1)

arrange for one or more letters of credit

from one or more banks up to an

aggregate amount of $115 million, (2)

provide an insurance policy for the

payment of the principal, premium, if

any, interest and purchase obligations in

connection with one or more series of

Municipal Securities, or (3) issue one or

more series of new collateral bonds up

to an aggregate amount of $115 million.

In addition, System Energy may grant a

lien, subordinate to the lien of the

Mortgage on certain assets of System

Energy.

For the Commission, by the Division of

Investment Management, under delegated

authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–29113 Filed 11–14–00; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

Issuer Delisting; Notice of Application

to Withdraw from Listing and

Registration; (Yellowave Corporation,

Common Stock, $.03 Par Value) File

No. 1–16021

November 7, 2000.

Yellowave Corporation, which is

organized under the laws of Nevada

(‘‘Company’’), has filed an application

with the Securities and Exchange

Commission (‘‘Commission’’), pursuant