06/08/2024 | Press release | Distributed by Public on 06/08/2024 00:48
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Per Series B Bond
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Total
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Public offering price(1)
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Underwriting discount
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Proceeds, before expenses, to us
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Page
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ABOUT THIS PROSPECTUS SUPPLEMENT
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DOCUMENTS INCORPORATED BY REFERENCE
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RISK FACTORS
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SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
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THE CONNECTICUT LIGHT AND POWER COMPANY
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USE OF PROCEEDS
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SELECTED HISTORICAL FINANCIAL INFORMATION
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CAPITALIZATION
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DESCRIPTION OF THE SERIES B BONDS
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CERTAIN UNITED STATES FEDERAL INCOME TAX CONSEQUENCES
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UNDERWRITING
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LEGAL OPINIONS
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| | | | S-21 | | |
EXPERTS
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ABOUT THIS PROSPECTUS
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| | | | 1 | | |
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SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM
ACT OF 1995 |
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RISK FACTORS
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| | | | 4 | | |
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THE REGISTRANTS
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| | | | 5 | | |
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USE OF PROCEEDS
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| | | | 7 | | |
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DESCRIPTION OF SECURITIES REGISTERED
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| | | | 8 | | |
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BOOK-ENTRY SYSTEM
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PLAN OF DISTRIBUTION
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LEGAL OPINIONS
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| | | | 32 | | |
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EXPERTS
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| | | | 32 | | |
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WHERE YOU CAN FIND MORE INFORMATION
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| | | | 33 | | |
(In thousands)
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Six Months Ended
June 30, 2024 (unaudited) |
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Years Ended December 31,
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2023
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2022
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2021
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2020
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2019
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Income Statement Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating revenues
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| | | $ | 2,085,914 | | | | | $ | 4,578,804 | | | | | $ | 4,817,744 | | | | | $ | 3,637,412 | | | | | $ | 3,547,527 | | | | | $ | 3,232,551 | | |
Operating expenses
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| | | | 1,650,077 | | | | | | 3,757,361 | | | | | | 4,027,530 | | | | | | 2,968,494 | | | | | | 2,807,118 | | | | | | 2,550,902 | | |
Operating income
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| | | | 435,837 | | | | | | 821,443 | | | | | | 790,214 | | | | | | 668,918 | | | | | | 740,409 | | | | | | 681,649 | | |
Net income
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| | | | 269,954 | | | | | | 518,733 | | | | | | 532,920 | | | | | | 401,725 | | | | | | 457,934 | | | | | | 410,852 | | |
(In thousands)
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As of
June 30, 2024 (unaudited) |
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As of December 31,
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2023
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2022
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2021
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2020
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2019
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Balance Sheet Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total assets
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| | | $ | 16,684,068 | | | | | $ | 15,849,624 | | | | | $ | 14,758,796 | | | | | $ | 13,949,656 | | | | | $ | 13,455,974 | | | | | $ | 12,185,191 | | |
Long-term debt(1)
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| | | | 4,954,125 | | | | | | 4,814,429 | | | | | | 4,216,488 | | | | | | 4,215,379 | | | | | | 3,914,835 | | | | | | 3,518,136 | | |
Common stockholder's equity
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| | | | 6,475,331 | | | | | | 6,090,670 | | | | | | 5,784,380 | | | | | | 5,299,501 | | | | | | 5,044,786 | | | | | | 4,387,825 | | |
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As of June 30, 2024
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Actual
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As Adjusted
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(Dollars in thousands)
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$
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%
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$
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%
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Capitalization | | | | | | | | | | | | | | | | | | | | | | | | | |
Long-term debt(1)
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| | | $ | 4,954,125 | | | | | | 41.4% | | | | | $ | | | | | | % | | | |
Short-term debt(2)
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| | | | 407,800 | | | | | | 3.4 | | | | | | | | | | | | | | |
Preferred stock
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| | | | 116,200 | | | | | | 1.0 | | | | | | | | | | | | | | |
Common stockholder's equity
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| | | | 6,475,331 | | | | | | 54.2 | | | | | | | | | | | | | | |
Total capitalization
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| | | $ | 11,953,456 | | | | | | 100.0% | | | | | | | | | | | | 100.0% | | |
Underwriters
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Principal Amount
of Series B Bonds |
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Barclays Capital Inc.
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Goldman Sachs & Co. LLC
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KeyBanc Capital Markets Inc.
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Samuel A. Ramirez & Company, Inc.
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Siebert Williams Shank & Co., LLC
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Total
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| | | $ | 300,000,000 | | |
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Page
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About this Prospectus
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| | | | 1 | | |
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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| | | | 2 | | |
Risk Factors
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| | | | 4 | | |
The Registrants
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| | | | 5 | | |
Use of Proceeds
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| | | | 7 | | |
Description of Securities Registered
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| | | | 8 | | |
Book-Entry System
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| | | | 29 | | |
Plan of Distribution
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| | | | 31 | | |
Legal Opinions
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| | | | 32 | | |
Experts
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| | | | 32 | | |
Where You Can Find More Information
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| | | | 33 | | |