SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM U-6B-2
Certificate of Notification
Filed by a registered
holding company or
subsidiary thereof
pursuant to Rule
20(d) adopted under
the Public Utility
Holding Company Act
of 1935.
SOUTH CAROLINA GENERATING COMPANY
(the Company)
This certificate is notice that the above named company has 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
and was neither the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule 48.
1. Type of security or securities.
Senior Secured Notes (the Notes)
2. Issue, renewal or guaranty.
Issue
3. Principal amount of each security.
$100,000,000 in aggregate principal amount
4. Rate of interest per annum of each security.
5.49%
5. Date of issue, renewal or guaranty of each security.
February 11, 2004
6. If renewal of security, give date of original issue.
Not Applicable
7. Date of maturity of each security.
February 1, 2024
8. Name of persons to whom each security was issued, renewed or guaranteed.
The Notes were sold to the Prudential Insurance Company, General
Electric Capital Assurance Company, First Colony Life Insurance
Company, Security Life of Denver Insurance Company, United of Omaha
Life Insurance Company, RGA Reinsurance Company and National Life
Insurance Company.
9. Collateral given with each security, if any.
The Notes are secured by a mortgage and a security agreement on
substantially all of the Company's real and personal property. The
mortgage and the security agreement are extensions of the previously
existing mortgage and security agreement, both of which originated
August 21, 1992.
10. Consideration received for each security.
$100 million
11. Application of proceeds of each security.
Proceeds from this issuance will be used to support GENCO's
construction program and to repay intercompany advances borrowed for
that purpose.
12. 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 provisions contained in the first sentence of Section 6(b)
b. the provisions contained in the fourth sentence of Section6(b)
c. the provisions contained in any rule of the commission other than Rule 48 X
13. If the security or securities are 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 or less, exclusive of days of grace, as to which
such company is primarily or secondarily liable) not more than five
percentum 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 terms
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
48 designate the rule under which exemption is claimed.
Rule 52
South Carolina Electric & Gas Company
By: /s James E. Swan, IV
-----------------------------------
James E. Swan, IV
Controller
Dated: February 23, 2004