8-K 1 a08-9853_18k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  April 3, 2008

 

Commission
File Number

 

Exact name of registrant as specified in
its charter, address of principal executive
offices and registrant’s telephone number

 

IRS Employer
Identification Number

1-3198

 

Idaho Power Company
1221 W. Idaho Street
Boise, ID 83702-5627
(208) 388-2200

 

82-0130980

 

State or Other Jurisdiction of Incorporation: Idaho

 

None

Former name or former address, if changed since last report.

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

IDAHO POWER COMPANY
Form 8-K

 

 

ITEM 1.01                                       ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

 

Selling Agency Agreement

 

On April 3, 2008, Idaho Power Company (“IPC”) entered into a Selling Agency Agreement (the “Selling Agency Agreement”) with each of Banc of America Securities LLC, BNY Capital Markets, Inc., J.P. Morgan Securities Inc., KeyBanc Capital Markets Inc., Lazard Capital Markets LLC, Piper Jaffray & Co., RBC Capital Markets Corporation, SunTrust Robinson Humphrey, Inc., Wachovia Capital Markets LLC, Wedbush Morgan Securities Inc. and Wells Fargo Securities, LLC in connection with the issuance and sale by IPC from time to time of up to $350,000,000 aggregate principal amount of First Mortgage Bonds, Secured Medium-Term Notes, Series H, to be issued under an Indenture of Mortgage and Deed of Trust, dated as of October 1, 1937, between IPC and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company) and R.G. Page, as Trustees (Stanley Burg, successor individual trustee), as supplemented by all indentures supplemental thereto.

 

The Selling Agency Agreement contains representations, warranties and agreements of IPC, customary conditions to closing, indemnification rights and obligations of the parties and termination provisions.  The Selling Agency Agreement is filed as Exhibit 1 hereto.

 

ITEM 8.01                                       OTHER MATTERS

 

Forty-fourth Supplemental Indenture to Mortgage and Deed of Trust

 

On April 3, 2008, IPC entered into the Forty-fourth Supplemental Indenture, dated as of April 1, 2008, to the Indenture of Mortgage and Deed of Trust, dated as of October 1, 1937, between IPC and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company) and R.G. Page, as Trustees (Stanley Burg, successor individual trustee), a copy of which is filed as Exhibit 4 hereto, for the purposes stated therein, including the issuance of a Thirty-ninth series of Bonds under the Indenture, in the aggregate principal amount of up to $350,000,000, to be designated as First Mortgage Bonds, Secured Medium-Term Notes, Series H.

 

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ITEM 9.01                                       FINANCIAL STATEMENTS AND EXHIBITS

 

(d)

  Exhibits.

 

 

 

 

Number

 

Description

 

 

 

 

 

1.

 

Idaho Power Company Selling Agency Agreement, dated April 3, 2008, between Idaho Power Company and each of Banc of America Securities LLC, BNY Capital Markets, Inc., J.P. Morgan Securities Inc., KeyBanc Capital Markets Inc., Lazard Capital Markets LLC, Piper Jaffray & Co., RBC Capital Markets Corporation, SunTrust Robinson Humphrey, Inc., Wachovia Capital Markets LLC, Wedbush Morgan Securities Inc. and Wells Fargo Securities, LLC

 

 

 

 

 

4.

 

Idaho Power Company Forty-fourth Supplemental Indenture to Mortgage and Deed of Trust, dated as of April 1, 2008

 

3


 

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.

 

 

Dated: April 3, 2008

 

 

 

 

 

 

Idaho Power Company

 

 

 

By:

/s/ Darrel T. Anderson

 

 

Darrel T. Anderson

 

 

Senior Vice President –

 

 

Administrative Services and

 

 

Chief Financial Officer

 

4


 

INDEX TO EXHIBITS

 

Number

 

Description

 

 

 

1.

 

Idaho Power Company Selling Agency Agreement, dated April 3, 2008, between Idaho Power Company and each of Banc of America Securities LLC, BNY Capital Markets, Inc., J.P. Morgan Securities Inc., KeyBanc Capital Markets Inc., Lazard Capital Markets LLC, Piper Jaffray & Co., RBC Capital Markets Corporation, SunTrust Robinson Humphrey, Inc., Wachovia Capital Markets LLC, Wedbush Morgan Securities Inc. and Wells Fargo Securities, LLC

 

 

 

4.

 

Idaho Power Company Forty-fourth Supplemental Indenture to Mortgage and Deed of Trust, dated as of April 1, 2008

 

5