| Very truly yours, Bay State Gas Company |
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| By: | /s/ Jeffrey W. Grossman | |||
| J. W. Grossman, Vice President | ||||
1.
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Type of the security or securities. | |||
| Promissory Note | ||||
2.
|
Issue, renewal or guaranty. | |||
| Issue | ||||
3.
|
Principal amount of each security. | |||
| $5,000,000 | ||||
4.
|
Rate of interest per annum of each security. | |||
| 5.44% | ||||
5.
|
Date of issue, renewal or guaranty of each security. | |||
| August 1, 2005 | ||||
6.
|
If renewal of security, give date of original issue. | |||
| N/A | ||||
7.
|
Date of maturity of each security. (In case of demand notes, indicate on demand). | |||
| July 31, 2015 | ||||
8.
|
Name of the person to whom each security was issued, renewed or guaranteed. | |||
| NiSource Finance Corp. | ||||
9.
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Collateral given with each security, if any. | |||
| None | ||||
10.
|
Consideration received for each security. | |||
| Cash | ||||
11.
|
Application of proceeds of each security. | |||
| The $5 million will be used in the financing of Bay States utility operations. | ||||
2
12.
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Indicate by a check after the applicable statement below whether the issue, renewal or guaranty of each security was exempt from the provisions of Section 6(a) because of: | |||
| a. The provision contained in the first sentence of Section 6(b) o | ||||
| b. The provisions contained in the fourth sentence of Section 6(b) o | ||||
| c. The provisions contained in any rule of the Commission other than Rule U-48 ý | ||||
13.
|
If the security or securities were exempt from the provisions of Section 6(a) by virtue of the first sentence of Section 6(b), give the figures which indicate that the security or securities aggregate (together with all other than outstanding notes and drafts of a maturity of nine months or less, exclusive of days of grace, as to which company is primarily or secondarily liable) not more than 5 per centum of the principal amount and par value of the other securities of such company then outstanding. (Demand notes, regardless of how long they may have been outstanding shall be considered as maturing in not more than nine months for the purposes of the exemption from Section 6(a) of the Act granted by the first sentence of Section 6(b). | |||
| N/A | ||||
14.
|
If the security or securities are exempt from the provisions of Section 6(a) because of the fourth sentence of Section 6(B), name the security outstanding on January 1, 1935, pursuant to the terms of which the security or securities herein described have been issued. | |||
| N/A | ||||
15.
|
If the security or securities are exempt from the provisions of Section 6(a) because of any rule of the Commission other than Rule U-48 (Reg. Section 250.48, paragraph 36,621) designate the rule under which exemption is claimed. | |||
| Rule 52(a) |