On April 4, 2005, Standard&Poor's Ratings Services assigned its 'A-' rating to Connecticut Light&Power Co.'s (CL&P) proposed $100 million first and refunding mortgage bonds, 2005 series A, due 2015, and its proposed $100 million first and refunding mortgage bonds, 2005 series B, due 2035. Standard&Poor's also affirmed its 'BBB+' corporate credit ratings on CL&P's parent Northeast Utilities (NU) and its regulated subsidiaries, which, in addition to CL&P, include Public Service Co. of New Hampshire, Western Massachusetts Electric Co., and Yankee Gas Services Co. The outlook on the ratings on all companies is negative. CL&P's ratings are based on the consolidated credit profile of the corporation. CL&P, NU's largest subsidiary, is an electric transmission and
