-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HnD5VsqLUogrqriTXOK/W7j9Z+03HQOdfrYgISuTeeDlRnLKFtg3gMxq7UamOycV gEsCamdyH7frfH9QScYPcg== 0000912057-02-013489.txt : 20020415 0000912057-02-013489.hdr.sgml : 20020415 ACCESSION NUMBER: 0000912057-02-013489 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020325 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS POWER CO CENTRAL INDEX KEY: 0000049816 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 370344645 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03004 FILM NUMBER: 02601030 BUSINESS ADDRESS: STREET 1: 500 S 27TH ST STREET 2: C/O HARRIS TRUST & SAVINGS BANK CITY: DECATUR STATE: IL ZIP: 62525-1805 BUSINESS PHONE: 2174246600 FORMER COMPANY: FORMER CONFORMED NAME: ILLINOIS IOWA POWER CO DATE OF NAME CHANGE: 19660822 8-K 1 a2075744z8-k.txt 8-K - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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): March 25, 2002 ILLINOIS POWER COMPANY (Exact name of registrant as specified in its charter) ILLINOIS 001-03004 37-0344645 (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification Number) 500 SOUTH 27TH STREET DECATUR, ILLINOIS 62521 (Address of Principal Executive Offices, including Zip Code) Registrant's telephone number, including area code: (217) 424-6600 - -------------------------------------------------------------------------------- ITEM 5. OTHER EVENTS. The information in the Press Release dated March 25, 2002 and attached as Exhibit 99.1 is incorporated herein by reference. The information in the Press Release dated March 27, 2002 and attached as Exhibit 99.2 is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Exhibits. EXHIBIT DESCRIPTION ------- ----------- 99.1 Press Release dated March 25, 2002 99.2 Press Release dated March 27, 2002 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. ILLINOIS POWER COMPANY Dated: March 27, 2002 By: /s/ STEPHEN W. BERGSTROM ------------------------------ Stephen W. Bergstrom Chief Executive Officer EX-99.1 3 a2075744zex-99_1.txt EXHIBIT 99.1 Exhibit 99.1 ILLINOVA EXTENDS ILLINOIS POWER CUMULATIVE PREFERRED STOCK TENDER OFFER AND CONSENT SOLICITATION HOUSTON--March 25, 2002--Illinova Corporation, a wholly owned subsidiary of Dynegy Inc. (NYSE:DYN), today extended its offer to purchase for cash, any and all outstanding shares of cumulative preferred stock of Illinois Power Company (NYSE:IPC), Dynegy's transmission and distribution subsidiary, from the prior expiration date of 12:00 midnight, New York City time on Friday, March 22, 2002 to 5:00 p.m. New York City time on Tuesday, March 26, 2002. Illinois Power also extended its related consent solicitation from the prior expiration date of 12:00 midnight, New York City time on Friday, March 22, 2002 to 5:00 p.m. New York City time on Tuesday, March 26, 2002. The rights to withdraw shares tendered and to revoke consents granted have also been extended. The terms of the extended offer and solicitation remain unchanged from the original offer and solicitation as set forth in the offering materials. Payment for all validly tendered and/or consented and accepted shares is expected to be made on or about March 28, 2002. Based on a preliminary count by Mellon Investor Services, L.L.C., the depositary and information agent for the tender offer and consent solicitation, Illinova Corporation and IPC expect to successfully close the tender offer and consent solicitation on March 26, 2002. According to Mellon Investor Services, L.L.C.'s preliminary count, as of 12:00 midnight, Friday, March 22, 2002, in aggregate, 72% of the holders of record consented and the following number of shares of IPC's cumulative preferred stock tendered and not withdrawn was as follows: Shares Series CUSIP No. Tendered - -------------------------------- ----------- -------- 4.08% Cumulative Preferred Stock 452092-20-8 132,911 4.20% Cumulative Preferred Stock 452092-30-7 94,145 4.26% Cumulative Preferred Stock 452092-40-6 70,362 4.42% Cumulative Preferred Stock 452092-50-5 69,109 4.70% Cumulative Preferred Stock 452092-60-4 107,528 7.75% Cumulative Preferred Stock 452092-79-4 182,681 - --------------- CONTACT: Dynegy Inc., Houston Media: John Sousa, Steve Stengel or Claudia Morlan, 713/767-5800 or Analysts: Arthur Shannon or Katie Pipkin, 713/507-6466 EX-99.2 4 a2075744zex-99_2.txt EXHIBIT 99.2 Exhibit 99.2 ILLINOVA COMPLETES ILLINOIS POWER CUMULATIVE PREFERRED STOCK TENDER OFFER AND CONSENT SOLICITATION HOUSTON--March 27, 2002--Illinova Corporation, a wholly owned subsidiary of Dynegy Inc. (NYSE:DYN), completed its offer to purchase the following series of outstanding shares of cumulative preferred stock of Illinois Power Company (NYSE:IPC), Dynegy's transmission and distribution subsidiary: Series CUSIP NO. Shares Percentage of Tendered Series Tendered - -------------------------------------------------------------------- 4.08% Cumulative Preferred Stock 452092-20-8 134,438 59.6151 - -------------------------------------------------------------------- 4.20% Cumulative Preferred Stock 452092-30-7 95,948 66.7418 - -------------------------------------------------------------------- 4.26% Cumulative Preferred Stock 452092-40-6 70,937 68.0255 - -------------------------------------------------------------------- 4.42% Cumulative Preferred Stock 452092-50-5 69,809 68.3129 - -------------------------------------------------------------------- 4.70% Cumulative Preferred Stock 452092-60-4 108,011 74.4031 - -------------------------------------------------------------------- 7.75% Cumulative Preferred Stock 452092-79-4 182,681 95.2630 - -------------------------------------------------------------------- The offer expired at 5:00 p.m., New York City time, on Tuesday, March 26, 2002. Illinova Corporation accepted all validly tendered shares. Payment for all validly tendered and accepted shares is expected to be made on or about March 28, 2002. Illinois Power Company also completed its related consent solicitation to amend IPC's articles of incorporation. Under the terms of the consent solicitation, all holders of record as of February 20, 2002 who validly consented to the proposed amendment will receive the special cash payment of $1.00 per share. Payment for all validly consented shares is expected to be made on or about March 28, 2002. Merrill Lynch & Co. acted as the dealer manager for the tender offer and the solicitation agent for the consent solicitation. - ---------------- CONTACT: Dynegy Inc., Houston Media: John Sousa, Steve Stengel or Claudia Morlan, 713/767-5800 or Analysts: Arthur Shannon or Katie Pipkin, 713/507-6466 -----END PRIVACY-ENHANCED MESSAGE-----