debt
confidence high
sentiment neutral
materiality 0.35
Delmarva Power & Light reoffers $78.4M in bonds at 3.60% term rate through 2031
DELMARVA POWER & LIGHT CO /DE/
- Completed reoffering of $78,400,000 aggregate principal amount of Gas Facilities Refunding Revenue Bonds (2020 Series A).
- Interest rate modified to a term rate of 3.60% for period July 1, 2025 to January 1, 2031 (maturity).
- DPL is primary obligor; bonds reoffered under exemption from Securities Act registration.
item 2.03item 9.01