LETTER OF REFERENCE – SAMPLE

falcon

___________________________ (Date)
Letter of Reference No. _______________
To:                EDCs
(Atlantic City Electric Company, doing business as Conectiv Power Delivery (“ACECO”) and Jersey Central Power & Light Company (“JCP&L”) and Public Service Electric and Gas Company (“PSE&G”) and Rockland Electric Company (“RECO”))

Ladies and Gentleman,

We ________________ (“Bank”) are currently the agent on a $__________ (amount) revolving credit facility to ______________ (“Bidder”). At this time, there is sufficient unused availability under the credit facility to issue a letter of credit in the amount of  $_______________(amount) on behalf of ___________________ (“Bidder”) in support of their bid in the New Jersey Basic Generation Service (“BGS”) Auction.

We have had a relati##被过滤##hip with _______________(“Bidder”) since _______(date).  Our relati##被过滤##hip with _______________________(“Bidder”) remains in good standing.  

We certify that we ___________________________ (“Bank”) satisfy the senior unsecured debt rating of “A” from Standards and Poors or Fitch, or A3 from Moody’s.
Please feel free to call us if you require any additional information.
Sincerely,   

____________________________
Authorized signature
Bank

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thank you

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up!