{"schema_version":"secwatch.filing_event.v1","accession":"0000027879-23-000003","form_type":"8-K","ticker":null,"cik":"0000027879","company_name":"DELMARVA POWER & LIGHT CO /DE/","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.599417+00:00","generated_at":"2026-06-08T11:44:46.309159+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"DPL closes $650M bond offering: 5.30%-5.72% series due 2033-2053","bullets":["Issued $60M 5.30% bonds due 2033, $340M 5.45% bonds due Nov 2033, $75M 5.55% bonds due 2038, $65M 5.57% bonds due 2053, $110M 5.72% bonds due 2053.","Sale closed November 8, 2023 under a Purchase Agreement dated March 15, 2023.","Proceeds will repay existing indebtedness and for general corporate purposes.","Bonds issued as First Mortgage Bonds under Mortgage and Deed of Trust dated 1943."],"urls":{"canonical":"https://secwatch.observer/filing/0000027879-23-000003","json":"https://secwatch.observer/filing/0000027879-23-000003.json","markdown":"https://secwatch.observer/filing/0000027879-23-000003.md","text":"https://secwatch.observer/filing/0000027879-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/exc-20231108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T11:44:46.309159+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a35b5db0336aa0b8e48a623879f829432fcacf5","claim":"DELMARVA POWER & LIGHT CO /DE/ incurred mortgage of $110 million with certain institutional investors at 5.72% maturing November 8, 2053.","evidence_excerpt":"$110 million aggregate principal amount of its First Mortgage Bonds, 5.72% Series due November 8, 2053","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$110 million"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"5.72%"},{"label":"Maturity","value":"November 8, 2053"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b0b32e8a209f6f649f8c3550efaaafd191f026f1","claim":"DELMARVA POWER & LIGHT CO /DE/ incurred mortgage of $65 million with certain institutional investors at 5.57% maturing March 15, 2053.","evidence_excerpt":"$65 million aggregate principal amount of its First Mortgage Bonds, 5.57% Series due March 15, 2053","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$65 million"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"5.57%"},{"label":"Maturity","value":"March 15, 2053"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b33d82350f8a3c2e5fb2ff8699e7f91b1ab5b7bb","claim":"DELMARVA POWER & LIGHT CO /DE/ incurred mortgage of $60 million with certain institutional investors at 5.30% maturing March 15, 2033.","evidence_excerpt":"$60 million aggregate principal amount of its First Mortgage Bonds, 5.30% Series due March 15, 2033","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$60 million"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"5.30%"},{"label":"Maturity","value":"March 15, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ce85268871eb2d0a916db027912b787ac9e004dc","claim":"DELMARVA POWER & LIGHT CO /DE/ incurred mortgage of $75 million with certain institutional investors at 5.55% maturing November 8, 2038.","evidence_excerpt":"$75 million aggregate principal amount of its First Mortgage Bonds, 5.55% Series due November 8, 2038","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"5.55%"},{"label":"Maturity","value":"November 8, 2038"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e63a491a0efddfa3352086a5a7859de4f9081b3b","claim":"DELMARVA POWER & LIGHT CO /DE/ incurred mortgage of $340 million with certain institutional investors at 5.45% maturing November 8, 2033.","evidence_excerpt":"$340 million aggregate principal amount of its First Mortgage Bonds, 5.45% Series due November 8, 2033","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$340 million"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"5.45%"},{"label":"Maturity","value":"November 8, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5d85b5e0073d4f8f06e3a28ea71694d39930888e","claim":"DELMARVA POWER & LIGHT CO /DE/ entered into DPL Purchase Agreement with certain institutional investors (effective 2023-03-15).","evidence_excerpt":"On March 15, 2023, Delmarva Power & Light Company (DPL) entered into a Bond Purchase Agreement (the DPL Purchase Agreement) with certain institutional investors.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27879/000002787923000003/0000027879-23-000003-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Effective","value":"2023-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}