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PGN > SEC Filings for PGN > Form 8-K on 31-Oct-2008All Recent SEC Filings

Show all filings for PROGRESS ENERGY INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for PROGRESS ENERGY INC


31-Oct-2008

Results of Operations and Financial Condition, Creation of a Direct Financial


Item 2.02 Results of Operations and Financial Condition

On October 31, 2008, Progress Energy, Inc. issued a press release regarding its earnings for the quarter ended September 30, 2008. A copy of this release is being furnished as Exhibit 99.1 to this Form 8-K.

The press release contains business segment information for the Progress Energy Carolinas and Progress Energy Florida business units, which are substantially similar to the standalone operations of each of Progress Energy Carolinas, Inc. and Progress Energy Florida, Inc. (which is in turn a significant subsidiary of Florida Progress Corporation). Accordingly, this current report is also being furnished on behalf of each such registrant.

The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.



Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On October 29, 2008, Progress Energy, Inc. gave notice of its intent to draw $600 million under its existing $1.13 billion revolving credit agreement as discussed in the press release being furnished as Exhibit 99.1 to this Form 8-K.



Item 9.01 Financial Statements and Exhibits

(c) EXHIBITS.

99.1 Press Release dated October 31, 2008, with respect to financial results for the quarter ended September 30, 2008.


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