form424b2.htm
Filed
Pursuant to Rule 424(b)(2)
Registration
No. 333-138510
September
25, 2009
Pricing
Supplement No. 4, Dated September 25, 2009
(to
Prospectus dated December 1, 2006, as supplemented by Prospectus Supplement
dated March 19, 2007)
Central
Hudson Gas & Electric Corporation
$140,000,000
Medium-Term
Notes, Series F
Principal
Amount: $24,000,000
Issue
Price: 100%
Settlement
Date (Original Issue Date): September 30, 2009
Maturity
Date (Stated Maturity): November 1, 2039
Type of
Note:
x Fixed Rate
Note
o Zero Coupon
Note
Form:
x Book-Entry
o Definitive
Certificates
Authorized
denominations: $1,000 and integral multiples thereof
CUSIP No:
15361G AU9
Interest
Rate: 5.80% per annum
Interest
Payment Dates: May 1 and November 1
Record
Dates: April 15 and October 15
Initial
Interest Payment Date: November 1, 2009
Redemption
Terms (at option of the issuer):
x Not redeemable prior to
Stated Maturity
o Redeemable in
accordance with the following terms:
Repayment
Terms (at option of the holder):
x Not repayable prior to
Stated Maturity
o Repayable in accordance
with the following terms:
Sinking
Fund Provisions:
x None
o Applicable in
accordance with the following terms:
Agents
and Principal Amounts placed:
|
|
Banc
of America Securities LLC
|
$8,000,000
|
|
|
J.P.
Morgan Securities Inc.
|
$8,000,000
|
|
|
KeyBanc
Capital Markets Inc.
|
$8,000,000
|
Agent
acting in capacity indicated below:
x As Agents
Banc of
America Securities LLC
J.P.
Morgan Securities Inc.
KeyBanc
Capital Markets Inc.
o As
Principal
The notes
are being offered at the Issue Price set forth above.
Agents'
Commission (based on Principal Amounts placed) as follows:
|
|
Banc
of America Securities LLC
|
$60,000
|
|
|
J.P.
Morgan Securities Inc.
|
$60,000
|
|
|
KeyBanc
Capital Markets Inc.
|
$60,000
|
|
Net
proceeds to issuer (before expenses):
|
$
23,820,000
|
Additional
Terms: None
THE NOTES
HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION
OR ANY STATE SECURITIES COMMISSION NOR HAVE ANY OF THESE ORGANIZATIONS
DETERMINED THAT THIS PRICING SUPPLEMENT OR THE APPLICABLE PROSPECTUS SUPPLEMENT
OR PROSPECTUS IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.