RE: Peoples Gas

I agree. Our matrix is tracking this info but currently only for electric utility registrations. We are trying to locate the gas utility registration info. At this time, that info is not housed in GA.

-----Original Message-----
From: Steffes, James D.
Sent: Tuesday, November 20, 2001 3:26 PM
To: Kingerski, Harry; Ogenyi, Gloria
Subject: RE: Peoples Gas - IL

Gloria --

We need to keep this type of information in our matrix on Recent Contact.

Jim

-----Original Message-----
From: Kingerski, Harry
Sent: Tuesday, November 20, 2001 3:09 PM
To: Black, Don; Mihalik, Teresa; Des Champs, Joseph
Cc: Steffes, James D.; Ogenyi, Gloria
Subject: Peoples Gas - IL

Peoples Gas has backed down from their request for a letter of credit to provide "Adequate Assurances of Payment", as stated in their tariff. They will continue to accept a parental guaranty, which is due no later than December 3 (and which Teresa says is being processed). The amount at issue is about $40k.

However, they are sending me a letter that will say, if there is any further downgrade in our rating, they will immediately require a l/c or cash deposit.