ML20002A463

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Forwards Evidence of Line of Credit from Bank of Nova Scotia That Will Suppl Applicant Cash Flow Which Was Previously Submitted.W/O Encl
ML20002A463
Person / Time
Site: Yankee Rowe
Issue date: 08/08/1978
From: Soucy A
YANKEE ATOMIC ELECTRIC CO.
To: Dinitz I, Saltzman J
Office of Nuclear Reactor Regulation
References
NUDOCS 8011170269
Download: ML20002A463 (2)


Text

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710-390-0739 YANKEE ATOMIC ELECTRIC COMPANY

.L, L 20 Turnpske Road Westborough, Massachusetts 01581 4*

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.7 9 August 8, 1978 Mr. Jerome Saltzman, Chief Antitrust & Indemnity Group Nuclear Reactor Regulation United States Nuclear Regulatory Cornission Washington, D. C.

20555 Attention:

Mr. Ira Dimitz, Indemnity Specialist

Dear Mr. Saltzman:

Relative to your letter of July 7, 1978,-enclosed is evidence of a line of credit from the Bank of Nova Scotia in the amount of $2,800,000 which will supplement Yankee's cash flow which was previously submitted.

It is our understanding that this credit line which when added to Yankee's cash flow will be sufficient to meet the retrospective premiums guarantee for the years 1977 and 1978 for Yankee Atomic Electric Company.

Very truly yours, YANKEE ATOMIC ELECTRIC COMPANY

/

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A. R. Soucy Assistant Treasurer ARS/ah Enclosure i

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REOULATORY INFOR!1ATION DIGTRIBUTION SYSTEM (RIDS)

DISTRIBUTION FOR INCOMING t1ATERIAL 50-029

' ~' E C : SALTZMAN J ORG: SOUCY A R DOCDATE: 08/08/78 NRC YANKEE ATOMIC ELEC DATE RCVD: 08/11/78 COPIES RECEIVED IiOCTYPE: LETTER NOTARIZED: NO Ll R 1 EtlCL 0

UBJECT

-UUARDItT3 EVIDENCE OF A LINE CREDIT FROM THE BANK OF NOVA SCOTI A IN THE 4 MOUNT OF r2,800,000 WHICH WILL SUPPLEt1ENT APPLICANT"S CAsti FLOW WHICH WAS

REVIOU5LY CUEMITTED.

NOT E: NO ENCL REC"D.

REVIEWER INITIAL:

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OL('.NT '12 "2 : YAN':EE ROWE DISTRIBUTOR INITIAL: PL, s a****->:+$4**->n**

DISTRIBUTION OF THIS MATERI AL IS AS FOLLONS ******************

IN?UEANCE: INDEt1NITT /ENDORSEt1ENT AGREEMENTS (DISTRIEUTION CODE M001) biEGFILE**LTRCINLY(1 NRC PDR**LTR ONL.Y(1)

INTERNAL DINlid 1-0 h., i w.,

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H JORDANn*LTR ONLY(1)

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LPDR'S GREENFIELD, MA**LTR ONLY(1)

TERA **LTR ONLY(1)

NSIC**LTR ONLY(1)

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