secwatch.observer — SEC 8-K summary
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Issuer:     DELMARVA POWER & LIGHT CO /DE/ (—)
CIK:        0000027879
Form:       8-K
Filed at:   2026-03-19T23:59:59+00:00
Accession:  0000079732-26-000005
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Three Pepco subsidiaries issue $550M in first mortgage bonds across multiple series
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- ACE issued $100M of 4.95% First Mortgage Bonds due March 19, 2036.
- DPL issued $150M total: $75M of 5.00% due Sept 2036 and $75M of 5.74% due March 2056.
- Pepco issued $300M: $110M of 5.00% due 2036, $60M of 5.30% due 2041, $130M of 5.74% due 2056.
- All bonds sold via private placement under Section 4(a)(2) exemption; closed March 19, 2026.
- Proceeds to repay existing indebtedness and for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27879/000007973226000005/0000079732-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8192/000007973226000005/exc-20260319.htm
  HTML page:      https://secwatch.observer/filing/0000079732-26-000005

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