Beginning Balance - November 1, 2000 4,144,501,483 114,402,141 0 0 Issue Term Notes - November 10, 2000 (2,650,000,000) 0 750,000,000 750,000,000 Issue Common Stock - November 27, 2000 (280,900,000) 0 0 0...
NiSource Inc. and Subsidiaries
Interest on Acquisition Debt
For the Year Ended December 31, 2001
--------------------------------------------------------------------------------
Balance of Acquistion Indebtedness
----------------------------------
Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000
Short-term 3-Year Notes 5-Year Notes
Borrowings(1) SAILS 7.5% 7.625%
------------------------------------------------------------
Beginning Balance - November 1, 2000 4,144,501,483 114,402,141 0 0
Issue Term Notes - November 10, 2000 (2,650,000,000) 0 750,000,000 750,000,000
Issue Common Stock - November 27, 2000 (280,900,000) 0 0 0
------------------------------------------------------------
Ending Balance - December 31, 2000 1,213,601,483 114,402,141 750,000,000 750,000,000
============================================================
Issue Date Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000 April 6, 2001 Total
10-Year Notes 5-Year Notes 2-Year Notes Acquisition
7.875% 7.625% 5.75% Debt
--------------------------------------------------------------
Beginning Balance - November 1, 2000 0 0 0 4,258,903,624
Issue Term Notes - November 10, 2000 1,000,000,000 150,000,000 0 0
Issue Common Stock - November 27, 2000 0 0 0 (280,900,000)
---------------------------------------------------------------
Ending Balance - December 31, 2000 1,000,000,000 150,000,000 0 3,978,003,624
===============================================================
Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000
Short-term 3-Year Notes 5-Year Notes
Borrowings(1) SAILS 7.5% 7.625%
------------------------------------------------------------
Beginning Balance - January 1, 2001 1,213,601,483 114,402,141 750,000,000 750,000,000
Issue Term Notes - Apil 6, 2001 (300,000,000) 0 0 0
------------------------------------------------------------
Ending Balance - December 31, 2001 913,601,483 114,402,141 750,000,000 750,000,000
============================================================
Issue Date Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000 April 6, 2001 Total
10-Year Notes 5-Year Notes 2-Year Notes Acquisition
7.875% 7.625% 5.75% Debt
--------------------------------------------------------------
Beginning Balance - January 1, 2001 1,000,000,000 150,000,000 0 3,978,003,624
Issue Term Notes - Apil 6, 2001 0 0 300,000,000 0
--------------------------------------------------------------
Ending Balance - December 31, 2001 1,000,000,000 150,000,000 300,000,000 3,978,003,624
==============================================================
Calculation of Interest Expense on Acquisition Indebtedness
-----------------------------------------------------------
Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000
Short-term 3-Year Notes 5-Year Notes
Borrowings(1) SAILS 7.5% 7.625%
------------------------------------------------------------
For the Year Ended December 31, 2001:
-------------------------------------
Interest on Term Notes 0 0 56,250,000 57,187,500
Booked Interest Expense on SAILS 0 8,425,254 0 0
Interest on Commercial Paper/Other Short-
term Debt @Weighted Avg. Cost of 2.88% 28,957,163 0 0 0
------------------------------------------------------------
Total 28,957,163 8,425,254 56,250,000 57,187,500
============================================================
Issue Date Issue Date Issue Date
Nov 10, 2000 Nov 10, 2000 April 6, 2001 Total
10-Year Notes 5-Year Notes 2-Year Notes Acquisition
7.875% 7.625% 5.75% Debt
--------------------------------------------------------------
For the Year Ended December 31, 2001:
-------------------------------------
Interest on Term Notes 78,750,000 11,437,500 12,760,274 216,385,274
Booked Interest Expense on SAILS 0 0 0 8,425,254
Interest on Commercial Paper/Other Short-
term Debt @Weighted Avg. Cost of 2.88% 0 0 0 28,957,163
-----------------------------------------------------------
Total 78,750,000 11,437,500 12,760,274 253,767,691
===========================================================
08/29/02
(1) Includes Commercial Paper and Bank Facility Borrowings
