Subject: PSE&G Guarantee - Gas Business
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Thu, 29 Nov 2001 10:11:13 -0800 (PST)

PSE&G called yesterday to ask for an LC or cash collateral of $1.0 MM to displace our Corporate Guarantee of $1.3 MM.  They are sending more information in a letter to Bill Bradford copied to me.  THere is a 5 day turnaround - early next week this will be due.