{"schema_version":"secwatch.filing_event.v1","accession":"0000079732-24-000003","form_type":"8-K","ticker":null,"cik":"0000079732","company_name":"POTOMAC ELECTRIC POWER CO","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.944035+00:00","generated_at":"2026-06-05T05:08:01.488316+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Pepco issues $675M in First Mortgage Bonds at 5.200% and 5.500% to refinance maturing debt","bullets":["Issued $375M 5.200% Series due 2034 and $300M 5.500% Series due 2054 on March 4, 2024.","Proceeds to refinance $400M of 3.60% Series due March 2024, commercial paper, and general corporate purposes.","Bonds issued under 1936 Mortgage and Deed of Trust; Pepco Supplemental Indenture filed as Exhibit 4.3.","Interest payable semi-annually March 15 and Sept 15, starting Sept 15, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000079732-24-000003","json":"https://secwatch.observer/filing/0000079732-24-000003.json","markdown":"https://secwatch.observer/filing/0000079732-24-000003.md","text":"https://secwatch.observer/filing/0000079732-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/0000079732-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/exc-20240304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:08:01.488316+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":"611a2835cfc9fb7f47bbef52bc6ad05b88ac34e4","claim":"POTOMAC ELECTRIC POWER CO incurred senior notes of $300 million at 5.500% per annum maturing March 15, 2054.","evidence_excerpt":"(ii) $300 million aggregate principal amount of Pepco’s First Mortgage Bonds 5.500% Series due March 15, 2054 (the “2054 Bonds,” and collectively with the 2034 Bonds, the “Bonds”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/0000079732-24-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$300 million"},{"label":"Rate","value":"5.500% per annum"},{"label":"Maturity","value":"March 15, 2054"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"63575efb8c56c9ed64f8cbae83b7b1518788cd2e","claim":"POTOMAC ELECTRIC POWER CO incurred senior notes of $375 million at 5.200% per annum maturing March 15, 2034.","evidence_excerpt":"On March 4, 2024, Potomac Electric Power Company (Pepco) issued and sold (i) $375 million aggregate principal amount of Pepco’s First Mortgage Bonds, 5.200% Series due March 15, 2034 (the “2034 Bonds”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/0000079732-24-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$375 million"},{"label":"Rate","value":"5.200% per annum"},{"label":"Maturity","value":"March 15, 2034"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6094dd9d0ea9f76e5051c9fc237286e14125dad2","claim":"POTOMAC ELECTRIC POWER CO entered into First Mortgage Bonds valued at $300 million aggregate principal amount (effective 2024-03-04).","evidence_excerpt":"On March 4, 2024, Potomac Electric Power Company (Pepco) issued and sold (i) $375 million aggregate principal amount of Pepco’s First Mortgage Bonds, 5.200% Series due March 15, 2034 (the “2034 Bonds”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/0000079732-24-000003-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Value","value":"$300 million aggregate principal amount"},{"label":"Effective","value":"2024-03-04"}],"fact_type":"material_agreement"},{"claim_id":"6094dd9d0ea9f76e5051c9fc237286e14125dad2","claim":"POTOMAC ELECTRIC POWER CO entered into First Mortgage Bonds valued at $300 million aggregate principal amount (effective 2024-03-04).","evidence_excerpt":"and (ii) $300 million aggregate principal amount of Pepco’s First Mortgage Bonds 5.500% Series due March 15, 2054 (the “2054 Bonds,” and collectively with the 2034 Bonds, the “Bonds”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973224000003/0000079732-24-000003-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Value","value":"$300 million aggregate principal amount"},{"label":"Effective","value":"2024-03-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}