{"schema_version":"secwatch.filing_event.v1","accession":"0000079732-25-000011","form_type":"8-K","ticker":null,"cik":"0000079732","company_name":"POTOMAC ELECTRIC POWER CO","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.397473+00:00","generated_at":"2026-05-17T06:25:43.730203+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":"Pepco issues $275M in first mortgage bonds; $200M at 5.48% due 2040, $75M at 5.78% due 2055","bullets":["Issued $200M of 5.48% First Mortgage Bonds due March 26, 2040.","Issued $75M of 5.78% First Mortgage Bonds due September 17, 2055.","Closing occurred September 17, 2025; proceeds to repay debt and for general corporate purposes.","Placement agents: Huntington Securities, Mizuho Securities, and Scotia Capital."],"urls":{"canonical":"https://secwatch.observer/filing/0000079732-25-000011","json":"https://secwatch.observer/filing/0000079732-25-000011.json","markdown":"https://secwatch.observer/filing/0000079732-25-000011.md","text":"https://secwatch.observer/filing/0000079732-25-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79732/000007973225000011/0000079732-25-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79732/000007973225000011/exc-20250917.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:25:43.730203+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":"165fc68de9358547514346547f005d1069b57aaf","claim":"POTOMAC ELECTRIC POWER CO incurred mortgage of $200 million aggregate principal amount at 5.48% Series maturing due March 26, 2040.","evidence_excerpt":"On March 26, 2025, Pepco entered into the Pepco Purchase Agreement for the offer and sale of (i) $200 million aggregate principal amount of its First Mortgage Bonds, 5.48% Series due March 26, 2040 and (ii) $75 million aggregate principal amount of its First Mortgage Bonds, 5.78% Series due September 17, 2055 (the Subsequent Pepco Bonds).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973225000011/0000079732-25-000011-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$200 million aggregate principal amount"},{"label":"Rate","value":"5.48% Series"},{"label":"Maturity","value":"due March 26, 2040"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a09cbec98bd6e27da1f57904a0bd067ccd8ea417","claim":"POTOMAC ELECTRIC POWER CO incurred mortgage of $75 million aggregate principal amount at 5.78% Series maturing due September 17, 2055.","evidence_excerpt":"On March 26, 2025, Pepco entered into the Pepco Purchase Agreement for the offer and sale of (i) $200 million aggregate principal amount of its First Mortgage Bonds, 5.48% Series due March 26, 2040 and (ii) $75 million aggregate principal amount of its First Mortgage Bonds, 5.78% Series due September 17, 2055 (the Subsequent Pepco Bonds).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79732/000007973225000011/0000079732-25-000011-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"$75 million aggregate principal amount"},{"label":"Rate","value":"5.78% Series"},{"label":"Maturity","value":"due September 17, 2055"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}