SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
JANUARY 23, 2002
TECO ENERGY INC.
(Exact name of registrant as specified in its charter)
FLORIDA 1-8180 59-2052286
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
702 NORTH FRANKLIN STREET, TAMPA FLORIDA
(Address of principal executive offices and zip code)
(813) 228-4111
(Registrant's telephone number, including area code)
ITEM 5. OTHER
In order to furnish certain information for incorporation by reference into
the Registration Statement on Form S-3 of TECO Energy, Inc. previously filed
with Securities and Exchange Commission (File No. 333-61758), which Registration
Statement was declared effective by the Commission on June 8, 2001, TECO Energy,
Inc. is filing this Current Report on Form 8-K to report the fact that, on
January 23, 2002, Moody's Investors Service announced that it had changed the
outlooks of the long-term ratings of TECO Energy, Inc. and Tampa Electric
Company to negative. This action affected Tampa Electric Company's Aa3 senior
secured, A1 issuer, senior unsecured and pollution control revenue bond debt;
TECO Energy, Inc.'s A3 senior unsecured and Baa1 junior subordinated debt; and
the Baa1 rating of both the 8.50% Trust Preferred Securites of TECO Capital
Trust I and the 5.11% Trust Preferred Securities of TECO Capital Trust II.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: January ___, 2002 TECO ENERGY, INC.
By: /s/ G. L. Gillette
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G. L. Gillette
Senior Vice President--Finance and Chief
Financial Officer (Principal Financial
Officer)