WISCONSIN ENERGY CORPORATION DEBT SECURITIES UNDERWRITING AGREEMENTUnderwriting Agreement • May 11th, 2007 • Wisconsin Energy Corp • Electric & other services combined • New York
Wisconsin Energy Corporation, a Wisconsin corporation (the “Company”), proposes to issue and sell to one or more underwriters (the “Underwriters”) named in Schedule A to this underwriting agreement (this “Agreement”) the aggregate principal amount of one or more new series of its debt securities (the “Securities”) with the terms set forth in Schedule B hereto. The Securities will be issued under an indenture, dated as of March 15, 1999 (the “Indenture”), between the Company and The Bank of New York Trust Company, N.A. (as successor to The First National Bank of Chicago), as Trustee (the “Trustee”), in one or more series, which series may vary as to interest rates, maturities, redemption provisions, selling prices and other terms, with all such terms for any particular series of the Securities being determined at the time of sale.
RecitalsReplacement Capital Covenant • May 11th, 2007 • Wisconsin Energy Corp • Electric & other services combined
the case of Qualifying Preferred Stock, at any point in time from all prior issuances thereof pursuant to such Alternative Payment Mechanism) equal to 25% of the initial liquidation or principal amount of the Qualifying Capital Securities that are the subject of the related Alternative Payment Mechanism (the “Preferred Cap”);
