FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of September, 2003
Commission File Number 1-15224
Energy Company of Minas Gerais
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(Translation of registrant's name into English)
Avenida Barbacena, 1200
30190-131 Belo Horizonte, Minas Gerais, Brazil
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): _____
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): N/A
[CEMIG LOGO] [LEVEL 1 BOVESPA LOGO] [LATIBEX LOGO] [CIG LISTED NYSE LOGO]
CORPORATE INFORMATION
IMMEDIATE RELEASE
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COMMUNIQUE
The Board of Directors of Companhia Energetica de Minas Gerais - CEMIG, at its
317th Meeting, held on September 3, 2003, authorized the signing of a
financing agreement with Banco Nacional de Desenvolvimento Social - BNDES for
a loan in the amount of R$322,192,124.94, to be adjusted according to
variations in the SELIC rate as from the date of CEMIG's rate review - April
8, 2003 - up to the date of funding of each loan installment, in accordance
with the conditions set forth in Provisional Measure No. 127, of August 4,
2003 and in Banco Central Resolution no. 3119, of August 27, 2003. This
financing is intended to cover the shortfall in the concessionaire's funds due
to the postponement of receipt, via rate adjustment, of the balance of the
Account for Compensation of Variation in Items of Parcel A (CVA), which refers
to variations in certain costs beyond CEMIG's control occurring from October
2001.
Belo Horizonte, September 9, 2003
Contacts:
Luiz Fernando Rolla Eliza Gibbons
Relacoes com Investidores, CEMIG The Anne McBride Company
Tel. +55-31-3299-3930 Tel. 303-477-1350
Fax +55-31-3299-3933 eliza@annemcbride.com
lrolla@cemig.com.br
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, thereunto duly authorized.
COMPANHIA ENERGETICA DE MINAS
GERAIS - CEMIG
By: /s/ Flavio Decat de Moura
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Name: Flavio Decat de Moura
Title: Chief Financial Officer
and Investor Relations Officer
Date: September 15, 2003