PRICING SUPPLEMENT NO. 4 (To Prospectus dated October 23, 2001) DATED NOVEMBER 12, 2003 Rule 424(b)(2) File No. 333-68266 SCANA CORPORATION Medium-Term Notes Due Nine Months or More From Date of Issue Principal Amount: $200,000,000 Original Issue Date: November 19, 2003 ------------------ ----------------- Issue Price: 100 % Maturity Date: November 15, 2006 ----------------- ----------------- Net Proceeds to Company: $199,300,000 x Book-Entry Note ------------- -------- Certificated Note x Agent. Agent's Commission: .350% -------- ----- Principal. -------- Redemption by Company (check one): No. The Notes are not subject to redemption. -------- x Yes. The Notes are subject to redemption as described ------- below under "Optional Redemption by the Company." Initial Redemption Date: May 15, 2004 Optional Repayment at Option of Holder (if applicable, check one): x No. The Notes are not subject to repayment. -------- Yes. The Holder may elect repayment as follows: --------- Optional Repayment Date(s): Optional Repayment Price(s): Provisions: Interest (check one): Fixed Rate Note. If this box is checked, the interest rate on the Notes shall be % per annum. -------- -------------- x Floating Rate Note. The Initial Interest Rate on -------- the Notes shall be determined on November 17, 2003 for the Interest Payment Period commencing November 19, 2003. The interest rate on the Notes shall be calculated as set forth in the prospectus dated October 23, 2001 and as further described below under "Interest Rate," using the following terms, as applicable: Base Rate: LIBOR Index Maturity: 3 Month Spread: +.45% Designated LIBOR Page: LIBOR Telerate, page 3750 Interest Payment Period: Quarterly Interest Payment Dates: 15th day of each February, May, August and November commencing February 15, 2004 (subject to adjustment as described in the prospectus dated October 23, 2001). Interest Reset Period: Quarterly Interest Reset Dates: Same as Interest Payment Dates. Record Dates: 15 days prior to each Interest Payment Date Interest Determination Date: 2 Business Days prior to each Interest Reset Date To the extent of any conflict between the terms of the prospectus and this pricing supplement, this pricing supplement shall govern. Optional Redemption by the Company The Notes will be redeemable at the option of the Company, in whole or in part, upon notice given as described in the prospectus dated October 23, 2001 at any time on or after May 15, 2004, at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest on such Notes to the date of redemption. Notice of Redemption The Notes will be subject to redemption upon not less than 30 calendar days prior notice mailed to each holder of Notes to be redeemed at its registered address by first-class mail. On and after the redemption date, interest will cease to accrue on the Notes unless the Company defaults in the payment thereof. Except as set forth above, the Notes will not be redeemable by the Company prior to maturity. Interest Rate Each Note will bear interest from November 19, 2003 at the rate determined for each Interest Payment Period, in accordance with the prospectus dated October 23, 2001 and the terms of this pricing supplement. Interest will be payable on each Interest Payment Date. The Notes will bear interest at a floating rate, reset for each Interest Payment Period, at a per annum rate determined by The Bank of New York or its successor appointed by the Company, acting as calculation agent, and in accordance with the procedures described in this pricing supplement and the prospectus dated October 23, 2001. Original Issue Date Statement It is expected that delivery of the Notes will be made against payment therefor on or about the Original Issue Date which is the fifth business day following the date of this pricing supplement. Under Rule 15c6-1 of the Securities and Exchange Commission under the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in three business days unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes on the date hereof or the next succeeding business day will be required, by virtue of the fact that the Notes initially will settle in T + 5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisor. Legal Matters Certain legal matters in connection with the validity of the Notes offered hereby are being passed upon for the Company by McNair Law Firm, P.A., Columbia, South Carolina and by H. Thomas Arthur, Esq. of Columbia, South Carolina, who is our Senior Vice President and General Counsel, and for the lenders or Agents (as defined in the prospectus dated October 23, 2001) by Troutman Sanders LLP, Richmond, Virginia. Troutman Sanders LLP will rely as to all matters of South Carolina law upon the opinion of H. Thomas Arthur, Esq. Ratings As of the date of this pricing supplement, the Notes are rated by the respective rating agencies as follows: Moody's (A3) and Standard & Poor's (BBB+). UBS Securities LLC