secwatch.observer — SEC 8-K summary
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Issuer:     DELMARVA POWER & LIGHT CO /DE/ (—)
CIK:        0000027879
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000027879-24-000004
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACE and DPL issue $425M in first mortgage bonds across five tranches
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- ACE issued $250M aggregate: $75M 5.55% due 2054, $75M 5.29% due 2034, $100M 5.49% due 2039.
- DPL issued $175M aggregate: $100M 5.24% due 2034, $75M 5.55% due 2054.
- Proceeds from both issuances to repay existing debt and for general corporate purposes.
- Bonds sold in private placement under Section 4(a)(2) exemption; closing occurred March 20, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27879/000002787924000004/0000027879-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8192/000002787924000004/exc-20240320.htm
  HTML page:      https://secwatch.observer/filing/0000027879-24-000004

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