1. (a) Each utility shall file form F-4 “Petition For Authority To Issue Securities” with the commission

   and the department when it seeks authority to issue securities.

2. (b) Form F-4 shall include the following:

   1. (1) A petition which shall include:

      1. a. A caption identifying the report as “F-4 Petition for Authority to Issue Securities”

         along with the name of the utility filing the report;

      2. b. Description of authorized and outstanding long term debt and capital stock;
      3. c. Amount of short term notes outstanding;
      4. d. Description of new securities;
      5. e. Description of what the proceeds will be used for;
      6. f. List of exhibits attached;
      7. g. Certification statement as contained in Puc 1604.04;
      8. h. Petitioner’s prayer asking for the relief requested; and
      9. i. The signature, full name, and title of the utility employee who supervised the preparation of the form;
   2. (2) Application for leave to issue securities pursuant to RSA 369:3 including a statement in reasonable detail of any proposed additions, construction, or working capital requirements together with any proposed construction budget;
   3. (3) Exhibit 2, showing the estimated cost of financing including, for example, legal costs, printing, documentary tax, trustee services, and financial services;
   4. (4) Exhibit 3, current balance sheet adjusted for financing with journal entries and explanations for actual, adjustments, and as adjusted;
   5. (5) Exhibit 4, current income statement adjusted for financing including new interest, depreciation and taxes with entries for actual, adjustments, and as adjusted;
   6. (6) Exhibit 5, statement of capitalization ratios after giving effect to the proposed financing; and
   7. (7) Exhibit 6, weighted average cost of debt.

3. (c) The utility shall also provide the following:

   1. (1) A copy of the purchase and sale agreement for long term financing including any letter of commitment from a lender stating the details of financing;
   2. (2) A copy of the mortgage indenture;
   3. (3) A copy of terms of new common or preferred stock;
   4. (4) A resolution of petitioner's stockholders, board of directors, or other governing body of petitioner, as appropriate, authorizing the proposed financing; and
   5. (5) Pursuant to Puc 203.04, no paper filings shall be required if the petition and exhibits are filed electronically.
4. (d) By submitting or signing a Form F-4 petition, the persons submitting the form agree to comply with the certification requirement as set forth in Puc 1604.04.

Source. #13887, eff 2-22-24; ss by #14460, eff 1-2-26, EXPIRES 1-2-36