SECURITIES AND EXCHANGE COMMISSION
Washington, DC
FORM U-6B-2
Certificate of Notification
Certificate is filed by: Jersey Central Power & Light Company (the
"Company"), a subsidiary of FirstEnergy Corp., a registered holding company,
pursuant to Rule U-20(d) and Rule U-52(c) adopted under the Public Utility
Holding Company Act of 1935.
This certificate is notice that the above named company has issued,
renewed or guaranteed the security or securities described herein which issue,
renewal or guaranty was exempted from the provisions of Section 6(a) of the Act
and was neither the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.
1. Type of security:
$300,000,000 5.625% Senior Notes due 2016 (the "Senior Notes").
2. Issue, renewal or guaranty:
Issue.
3. Principal amount of each security:
$300,000,000.
4. Rate of interest per annum of each security:
5.625%.
5. Date of issue, renewal or guaranty of each security:
April 23, 2004.
6. If renewal of security, give date of original issue:
Not applicable.
7. Date of maturity of each security:
May 1, 2016.
8. Name of the person to whom each security was issued, renewed or
guaranteed:
The Company issued and sold the Senior Notes to Barclays Capital Inc.,
UBS Securities LLC, BNY Capital Markets, Inc. and Credit Suisse First
Boston LLC (the "Initial Purchasers"), pursuant to a Purchase Agreement
dated April 20, 2004 among the Company and the Initial Purchasers.
9. Collateral given with each security:
Initially, the Senior Notes, which are issued pursuant to an Indenture
(the "Senior Note Indenture") dated as of July 1, 1999, between the
Company and The Bank of New York, as successor trustee (in such capacity,
the "Senior Note Trustee"), will be, in accordance with the Senior Note
Indenture, secured by $300,000,000 aggregate principal amount of the
Company's first mortgage bonds issued pursuant to the Indenture, dated
March 1, 1946, between the Company and The Bank of New York, as successor
trustee, as amended and supplemented. However, in accordance with the
Senior Note Indenture, on the date that the Senior Note Trustee holds 80%
or more of all of the Company's outstanding first mortgage bonds, the
Senior Notes will no longer be secured by any of the Company's first
mortgage bonds. At that time, the Senior Notes will be unsecured
obligations of the Company and will rank equally with all of its
unsecured and unsubordinated indebtedness.
10. Consideration given for each security:
$296,367,000.
11. Application of proceeds of each security:
The Company used a portion of the net proceeds from the sale of the
Senior Notes to redeem $40,000,000 aggregate principal amount of its
Medium-Term Notes, 7.98% Series C due 2023 and $50,000,000 aggregate
principal amount of its Medium-Term Notes, 6.78% Series C due 2005. The
remaining proceeds will be used to pay at maturity $160,000,000 aggregate
principal amount of the Company's First Mortgage Bonds, 7.125% Series due
2004, to repay short-term debt and for general corporate purposes.
12. Indicate by a check after the applicable statement below whether the
issue, renewal or guaranty of each security was exempt from the
provisions of Section 6(a) because of:
(a) the provisions contained in the first sentence of Section 6(b) [ ]
(b) the provisions contained in the fourth sentence of Section 6(b) [ ]
(c) the provisions contained in any rule of the Commission other than
Rule U-48 [x]
13. If the security or securities were exempt from the provisions of Section
6(a) by virtue of the first sentence of Section 6(b), give the figures
which indicate that the security or securities aggregate (together with
all other then outstanding notes and drafts of a maturity of nine months
or less, exclusive of days of grace, as to which such company is
primarily or secondarily liable) not more than 5 percentum of the
principal amount and par value of the other securities of such company
then outstanding. (Demand notes, regardless of how long they may have
been outstanding, shall be considered as maturing in not more than nine
months for purposes of the exemption from Section 6(a) of the Act granted
by the first sentence of Section 6(b)):
Not applicable.
14. If the security or securities are exempt from the provisions of Section
6(a) because of the fourth sentence of Section 6(b), name the security
outstanding on January 1, 1935, pursuant to the terms of which the
security or securities herein described have been issued:
Not applicable.
15. If the security or securities are exempt form the provisions of Section
6(a) because of any rule of the Commission other than Rule U-48,
designate the rule under which exemption is claimed.
Rule 52.
JERSEY CENTRAL POWER & LIGHT COMPANY
By:____________________________
Thomas C. Navin
Treasurer
Date: April 27, 2004