---
schema_version: "secwatch.filing_event.v1"
accession: "0000009466-25-000004"
form_type: "8-K"
ticker: null
cik: "0000009466"
company_name: "BALTIMORE GAS & ELECTRIC CO"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T04:13:54.570842+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BGE issues $650M of 5.450% notes due 2035 to repay commercial paper

## Summary
- $650M aggregate principal, 5.450% rate, maturing June 1, 2035.
- Proceeds to repay outstanding commercial paper and for general corporate purposes.
- Interest payable semi-annually June 1 and Dec 1, starting Dec 1, 2025.
- Notes redeemable at BGE's option; make-whole prior to March 1, 2035, thereafter at par.
- Underwriters: Credit Agricole, Goldman Sachs, RBC, U.S. Bancorp, Wells Fargo.

## SEC filing metadata
- accession: 0000009466-25-000004
- form_type: 8-K
- cik: 0000009466
- company_name: BALTIMORE GAS & ELECTRIC CO
- filed_at: 2025-05-16T23:59:59+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/9466/000000946625000004/0000009466-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9466/000000946625000004/exc-20250516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000009466-25-000004
- JSON: https://secwatch.observer/filing/0000009466-25-000004.json
- Plain text: https://secwatch.observer/filing/0000009466-25-000004.txt

## Key facts
- Debt Financings
  BALTIMORE GAS & ELECTRIC CO incurred senior notes of $650 million at 5.450% maturing June 1, 2035.
  - Instrument: senior notes
  - Principal: $650 million
  - Rate: 5.450%
  - Maturity: June 1, 2035
  - Event: incurrence
  source text: On May 16, 2025, BGE issued $650 million aggregate principal amount of its 5.450% notes due June 1, 2035 (the Notes).
  evidence_url: https://www.sec.gov/Archives/edgar/data/9466/000000946625000004/0000009466-25-000004-index.htm

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