UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
In the Matter of SCANA Corporation CERTIFICATE PURSUANT TO RULE
(File No. 70-9533) 24 UNDER THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935
This Certificate of Notification is filed by SCANA, a South Carolina
corporation, pursuant to Rule 24 (17 C.F.R. S250.24). Such filing is made in
connection with SCANA's Form U-1 Application, as amended (the Application), and
authorized by the orders (the Orders) of the Securities and Exchange Commission
(the Commission) dated February 14, 2000 and January 31, 2001, in the
above-referenced file. The Orders directed that SCANA file with the Commission
quarterly certificates pursuant to Rule 24 within 60 days after each calendar
quarter. This certificate reports transactions from the period January 1, 2001
through March 31, 2001. Capitalized terms not otherwise defined herein have the
meaning ascribed in the Application.
1. SCANA Common Stock sold during the quarter:
None
2. SCANA Common Stock issued or issuable under options granted during the
quarter under employee benefit plans and dividend reinvestment plans:
No new shares of SCANA common stock were issued under such plans.
678,977 options were granted pursuant to the SCANA Corporation
Long-Term Equity Compensation Plan. 143,907 shares of SCANA common
stock were purchased in the open market for issuance pursuant to the
SCANA Investor Plus Plan and 382,981 shares of SCANA common stock were
purchased in the open market for issuance pursuant to employee benefit
plans.
3. SCANA Common Stock transferred to a seller of securities of a company
being acquired:
None
4. SCANA guarantees issued during the quarter:
None
5. SCANA debt, Utility Subsidiary short-term debt and Public Service
Company of North Carolina, Incorporated long-term debt issued during
the quarter:
A. SCANA debt issuances:
Short-term bank loan received from Wachovia Bank of $50 million,
at an interest rate of 6.7975%.
The maximum amount of short-term indebtedness of SCANA outstanding
at any one time during the period was $85.0 million.
$202 million aggregate principal amount of medium-term notes
purchased by Credit Suisse First Boston Corporation and Wachovia
Securities, Inc. as principals. The interest rate of 6.68125% is
reset quarterly based upon the three-month LIBOR plus 1.10%.
B. Utility Subsidiary short-term debt issuances:
South Carolina Electric & Gas Company:
Short-term debt in the form of commercial paper issued through
Lehman Brothers and Merrill Lynch, ranging in amount from $1.0
million to $50.0 million, at interest rates ranging from 4.88% to
6.45%.
The maximum amount of short-term indebtedness of South Carolina
Electric & Gas Company outstanding at any one time during the
period was $235.8 million.
Public Service Company of North Carolina, Incorporated:
Short-term debt in the form of commercial paper issued through
Lehman Brothers and Merrill Lynch, ranging in amount from $5.0
million to $63.5 million, at interest rates ranging from 5.52% to
5.95%.
The maximum amount of short-term indebtedness of Public Service
Company of North Carolina, Incorporated outstanding at any one
time during the period was $125.0 million.
South Carolina Generating Company, Inc.:
None
C. Public Service Company of North Carolina, Incorporated long-term debt
issuances:
$150 million aggregate principal amount of medium-term notes
purchased by UBS Warburg LLC and Banc America Securities LLC as
principals, at an interest rate of 6.625%
6. Utility Subsidiary financings consummated during the quarter that are
not exempt under Rule 52:
See items 5B and 5C above.
7. Forms U-6B-2 filed with the Commission during the quarter:
South Carolina Electric & Gas Company Form U-6B-2 filed February 2,
2001.
8. Consolidated and separate balance sheets as of the end of the quarter
for each company that engaged in jurisdictional
financing transactions during the quarter.
SCANA Consolidated Balance Sheet (Incorporated by reference to the
filing of SCANA Corporation on Form 10-Q for the period ended March 31,
2001).
South Carolina Electric & Gas Company Balance Sheet (Incorporated by
reference to the filing of South Carolina Electric & Gas Company on
Form 10-Q for the period ended March 31, 2001).
Public Service Company of North Carolina, Incorporated Balance Sheet
(Incorporated by reference to the filing of Public Service Company of
North Carolina, Incorporated on Form 10-Q for the period ended March
31, 2001).
South Carolina Generating Company, Inc. Balance Sheet (Not applicable).
9. Registration Statements filed with the Commission pursuant to the
Securities Act of 1933 during the quarter.
Public Service Company of North Carolina, Incorporated Form S-3/A filed
January 26, 2001 (Incorporated by reference to Public Service Company
of North Carolina, Incorporated File No. 333-45206).
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
SCANA has duly caused this Certificate to be signed on its behalf by the
undersigned hereunto duly authorized.
SCANA Corporation
Registrant
by: s/Mark R. Cannon
-----------------------------------
Mark R. Cannon
------------------------------------
(Name)
Controller
(Title)
Dated: May 18, 2001