---
schema_version: "secwatch.filing_event.v1"
accession: "0000079732-23-000014"
form_type: "8-K"
ticker: null
cik: "0000079732"
company_name: "POTOMAC ELECTRIC POWER CO"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:38:44.373449+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pepco issues $100M 5.35% First Mortgage Bonds due 2033

## Summary
- $100M aggregate principal of 5.35% Series due September 13, 2033.
- Proceeds to repay existing indebtedness and for general corporate purposes.
- Bonds issued under Mortgage and Deed of Trust dated July 1, 1936, as supplemented.
- Mizuho Securities USA and Scotia Capital acted as joint lead placement agents.
- Closing of sale occurred on September 13, 2023.

## SEC filing metadata
- accession: 0000079732-23-000014
- form_type: 8-K
- cik: 0000079732
- company_name: POTOMAC ELECTRIC POWER CO
- filed_at: 2023-09-13T23:59:59+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/79732/000007973223000014/0000079732-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79732/000007973223000014/exc-20230913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079732-23-000014
- JSON: https://secwatch.observer/filing/0000079732-23-000014.json
- Plain text: https://secwatch.observer/filing/0000079732-23-000014.txt

## Key facts
- Debt Financings
  POTOMAC ELECTRIC POWER CO incurred senior notes of $100 million aggregate principal amount with certain institutional investors at 5.35% maturing September 13, 2033.
  - Instrument: senior notes
  - Principal: $100 million aggregate principal amount
  - Counterparty: certain institutional investors
  - Rate: 5.35%
  - Maturity: September 13, 2033
  - Event: incurrence
  source text: $100 million aggregate principal amount of its First Mortgage Bonds, 5.35% Series due September 13, 2033 (the Subsequent Pepco Bonds)
  evidence_url: https://www.sec.gov/Archives/edgar/data/79732/000007973223000014/0000079732-23-000014-index.htm
- Material Agreements
  POTOMAC ELECTRIC POWER CO entered into Bond Purchase Agreement with certain institutional investors (effective 2023-03-15).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain institutional investors
  - Effective: 2023-03-15
  source text: On March 15, 2023, Potomac Electric Power Company entered into a Bond Purchase Agreement (the Pepco Purchase Agreement) with certain institutional investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/79732/000007973223000014/0000079732-23-000014-index.htm

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