---
schema_version: "secwatch.filing_event.v1"
accession: "0000008192-25-000006"
form_type: "8-K"
ticker: null
cik: "0000008192"
company_name: "ATLANTIC CITY ELECTRIC CO"
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:38:15.842957+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Atlantic City Electric issues $250M in first mortgage bonds across three series

## Summary
- Issued $100M of 5.28% bonds due 2035, $75M of 5.54% due 2040, and $75M of 5.81% due 2055.
- Proceeds to repay existing indebtedness and for general corporate purposes; closing Nov 19, 2025.
- Bonds sold in private placement under Section 4(a)(2) exemption from registration.
- Issued under 1937 Mortgage and Deed of Trust with Bank of New York Mellon as trustee.

## SEC filing metadata
- accession: 0000008192-25-000006
- form_type: 8-K
- cik: 0000008192
- company_name: ATLANTIC CITY ELECTRIC CO
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8192/000000819225000006/0000008192-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8192/000000819225000006/exc-20251119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008192-25-000006
- JSON: https://secwatch.observer/filing/0000008192-25-000006.json
- Plain text: https://secwatch.observer/filing/0000008192-25-000006.txt

## Key facts
- Debt Financings
  ATLANTIC CITY ELECTRIC CO incurred loan of $100 million, $75 million, $75 million with certain institutional investors at 5.28%, 5.54%, 5.81% maturing March 26, 2035, November 19, 2040, November 19, 2055.
  - Instrument: loan
  - Principal: $100 million, $75 million, $75 million
  - Counterparty: certain institutional investors
  - Rate: 5.28%, 5.54%, 5.81%
  - Maturity: March 26, 2035, November 19, 2040, November 19, 2055
  - Event: incurrence
  source text: On March 26, 2025, ACE entered into the ACE Purchase Agreement for the offer and sale of (i) $100 million aggregate principal amount of its First Mortgage Bonds, 5.28% Series due March 26, 2035, (ii) $75 million aggregate principal amount of its First Mortgage Bonds, 5.54% Series due November 19, 2040 (2040 Bonds) and (iii) $75 million aggregate principal amount of its First Mortgage Bonds, 5.81% Series due November 19, 2055 (2055 Bonds and, together with the 2040 Bonds, the ACE Bonds).
  evidence_url: https://www.sec.gov/Archives/edgar/data/8192/000000819225000006/0000008192-25-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.