UNITED
STATES OF AMERICA
BEFORE
THE SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C.
FORM
U-6B-2
CERTIFICATE
OF NOTIFICATION
REPORT
FOR PERIOD
October
1, 2005 to December 31, 2005
Filed
by
a registered holding company or subsidiaries thereof pursuant to Rule 52
adopted
under the Public Utility Holding Company Act of 1935 (the Act).
Certificate
is filed by the following subsidiaries of American Electric Power Company,
Inc.:
AEP
Credit, Inc.
AEP
Energy Services Limited
Newgulf
Power Venture
AEP
Desert Sky LP, LLC
This
Certificate is notice that the above-named companies have issued, renewed
or
guaranteed the security or securities described herein, which issue, renewal
or
guaranty was exempted from the provisions of Section 6(a) of the Act by
the
provisions of Section 6(b) of the Act and was neither the subject of a
Declaration or Application on Form U-1, nor included within the exemption
provided by Rule U-48.
/s/
Rebecca J. Buonavolonte
Rebecca
J. Buonavolonte
Managing
Director - Financial Reporting
American
Electric Power Service Corporation
January 10,
2005
1.
Type of security or securities.
Open
account borrowings made by certain direct or indirect subsidiaries (the
Companies) from American Electric Power Company, Inc. (the Parent)
as part of the intercompany financing program.
2.
Issue, renewal or guaranty.
Issuance
of cash advances directly from parent to subsidiaries.
3.
Principal amount of each security.
Funds
are
borrowed and/or repaid daily as cash needs indicate.
4.
Rate of interest per annum of each security.
Effective
weighted average rate of interest for the period October 1, 2005
through December 31, 2005 was 4.20%.
5.
Date of issue, renewal or guaranty of each security.
Borrowings
are made on a daily basis and reported at the end of the quarter.
6.
If renewal of security, give date of original issue.
Borrowings
are made on a daily basis and reported at the end of the quarter. See Schedule
1.
7.
Date of maturity of each security.
Borrowings
are made on a daily basis with maturities ranging from overnight to up
to six
months.
8.
Name of persons to whom each security was issued, renewed or
guaranteed.
Short-term
borrowings are amounts borrowed by certain non-regulated subsidiaries from
American Electric Power Company, Inc.
9.
Collateral given with each security.
None.
10.
Consideration received for each security.
None,
other than interest accrued.
11.
Application of proceeds of each security.
The
proceeds from the issuance of the securities are to be used to finance
the
existing business of the Companies.
12.
Indicate by a check after the applicable statement below whether the issue,
renewal or guaranty of each security was exempt from the provision of
Section 6(a) because of:
(a)
the
provisions contained in the first sentence of Section 6(b).
(b)
the
provisions contained in the fourth sentence of Section 6(b).
(c)
the
provisions contained in any rule of the Commission other than Rule U-48.
X
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 then
outstanding notes and drafts of a maturity of nine months or less, exclusive
of
days of grace, as to which such 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.
Not
applicable.
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 term of which the
security or securities herein described have been issued.
Not
applicable.
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, designate the
rule under which exemption is claimed.
Rule
52
relating to issuance of indebtedness by non-public utility subsidiaries
of
registered holding companies.
Schedule
1
U-6B-2
Borrowings of Non-Regulated Subsidiaries of
American Electric Power Company, Inc.
(Corporate
Borrowing Program)
|
|
|
|
|
|
|
|
Name
of Borrower:
|
|
Outstanding
Borrowings from Intercompany Financing
Program
as
of December 31, 2005
|
|
Maximum
Outstanding Borrowings During the Quarter
Ended
December
31, 2005
|
|
|
|
(in
thousands)
|
|
(in
thousands)
|
|
AEP
Credit, Inc.
|
|
$
|
83,331
|
|
$
|
155,942
|
|
AEP Energy Services
Limited |
|
|
404 |
|
|
3,138 |
|
Newgulf
Power Venture
|
|
|
464
|
|
|
661
|
|
|
|
|
20,390
|
|
|
20,700
|
|
Total
|
|
$
|
104,589
|
|
|
|
|
|
|
Rate
|
|
Days
Borrowed/Invested
|
|
Weighted
Average Interest Rate for Borrowed Funds
|
|
|
4.20
|
%
|
|
92
|
|
Weighted
Average Interest Rate for Invested Funds
|
|
|
0.00
|
% |
|
0
|
|