Attached files
| file | filename |
|---|---|
| EX-10.1 - EX-10.1 - TAMPA ELECTRIC CO | d531942dex101.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 23, 2018
TAMPA ELECTRIC COMPANY
(a Florida corporation)
TECO Plaza
702 N. Franklin Street
Tampa, Florida 33602
(813) 228-1111
Exact name of each Registrant as specified in its charter, state of
incorporation, address of principal executive offices, telephone number
| 1-5007 | 59-0475140 | |
| Commission File No. | I.R.S. Employer Identification Number |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 1 – Registrant’s Business and Operations
Item 1.01: Amendment of a Material Definitive Agreement
On March 23, 2018, Tampa Electric Company (“Tampa Electric”) and TEC Receivables Corp. (“TRC”), a wholly-owned subsidiary of Tampa Electric, amended their $150 million accounts receivable securitized borrowing facility with The Bank of Tokyo-Mitsubishi UFJ, Ltd., (“BTMU”), as Program Agent in order to extend the scheduled termination date from March 23, 2018 to March 22, 2021 and make other technical changes, by entering into an amendment to the Loan and Servicing Agreement dated as of March 24, 2015, among Tampa Electric as Servicer, TRC as Borrower, certain lenders named therein and BTMU, as Program Agent. The foregoing description of this amendment is qualified in its entirety by reference to the complete text of such amendment, which is filed as Exhibit 10.1 to this Report and incorporated herein by reference.
Section 9 – Financial Statements and Exhibits
Item 9.01: Financial Statements and Exhibits
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TAMPA ELECTRIC COMPANY (Registrant) | ||||||||
| Date: March 29, 2018 |
By: | /s/ David E. Schwartz | ||||||
| Name: David E. Schwartz | ||||||||
| Title: Corporate Secretary | ||||||||