040-00294
SECURITIES AND EXCHANGE COMMISSION
Washington, DC
FORM U-6B-2/A
Amended Certificate of Notification
Amended Certificate is filed by: Jersey Central Power & Light Company (the
"Company"), a subsidiary of FirstEnergy Corp. ("FirstEnergy"), a registered
holding company, pursuant to Rule U-20(d) and Rule U-52(c) adopted under the
Public Utility Holding Company Act of 1935.
This amended 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 U-48.
1. Type of securities:
$150,000,000 aggregate principal amount of 4.80% Senior Notes due 2018 (the
"Notes")
2. Issue, renewal or guaranty:
Issue.
3. Principal amount of each security:
$150,000,000
4. Rate of interest per annum of each security:
4.80%
5. Date of issue, renewal or guaranty of each security:
May 22, 2003
6. If renewal of security, give date of original issue:
Not Applicable.
7. Date of maturity of each security:
June 15, 2018
8. Name of the person to whom each security was issued, renewed or guaranteed:
The Company issued and sold the Notes to Morgan Stanley & Co. Incorporated,
Banc One Capital Markets, Inc., J.P. Morgan Securities Inc. and NatCity
Investments, Inc. (collectively, the "Underwriters"), pursuant to an
Underwriting Agreement dated May 19, 2003 among the Company and the
Underwriters.
9. Collateral given with each security:
The Notes were issued pursuant to the Indenture (the "Senior Note
Indenture") dated as of July 1, 1999, between the Company and The Bank of
New York, as successor trustee (in such capacity, the "Senior Note
Trustee"). Initially, the Notes will be secured by $150,000,000 aggregate
principal amount of the Company's first mortgage bonds issued under the
Indenture, dated as of March 1, 1946, between the Company and The Bank of
New York, as Successor Trustee (the "Mortgage Trustee"), as amended and
supplemented, and delivered to the Senior Note Trustee. However, in
accordance with the Senior Note Indenture, on the date that the Senior Note
Trustee holds 80% or more of all of the Company's outstanding first
mortgage bonds, the first mortgage bonds securing the Notes and all other
senior notes issued under the Senior Note Indenture will be released from
the lien of the Senior Note Indenture and the Notes will no longer be
secured by any of the Company's first mortgage bonds. As of that date, the
Notes will be unsecured obligations of the Company and will rank equally
with all of its unsecured and unsubordinated indebtedness.
10. Consideration given for each security:
$147,726,000
11. Application of proceeds of each security:
The Company intends to use the net proceeds from the sale of the Senior
Notes to provide for the redemption of a portion of the Company's
outstanding first mortgage bonds and monthly income preferred securities.
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 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
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more than 5 percentum of the principal amount and par value of the other
securities of such company then outstanding. (Demand notes, regardless of how
long they may have been outstanding, shall be considered as maturing in not more
than nine months for purposes of the exemption from Section 6(a) of the Act
granted by the first sentence of Section 6(b)):
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 form 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.
JERSEY CENTRAL POWER & LIGHT COMPANY
By: /s/Thomas C. Navin
---------------------------------
Thomas C. Navin
Treasurer
Date: June 3, 2003
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