Subject


The Florida Public Service Commission will consider at its October 3, 2017 Commission Conference, Docket No. 20170195-EI Application for authority to issue and sell securities during calendar year 2018, pursuant to Section 366.04, Florida Statutes, and Chapter 25-8, Florida Administrative Code, by Tampa Electric Company. The Company seeks PSC approval pursuant to Section 366.04, Florida Statutes, to issue, sell and/or exchange equity securities and issue, sell, exchange and/or assume long-term debt securities and/or to assume liabilities or obligations as guarantor, endorser, or surety in an amount not to exceed in the aggregate $1.6 billion, during the twelve month period, ending December 31, 2017. The Company also seeks approval pursuant to Section 366.04, Florida Statutes, to issue, sell, exchange and/or assume short-term debt securities and/or to assume liabilities or obligations as guarantor, endorser, or surety, with the maximum amount of short-term debt outstanding at any one time being $1.3 billion, during the twelve month period, ending December 31, 2017. Additionally, the Company seeks authority to enter into interest rates swaps or other derivative instruments related to debt securities.