---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-326002"
form_type: "8-K"
ticker: null
cik: "0000885568"
company_name: "OLD DOMINION ELECTRIC COOPERATIVE"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:41:04.248611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ODEC issues $250M of 5.37% First Mortgage Bonds due 2052

## Summary
- $250M of 5.37% First Mortgage Bonds, 2025 Series A, due December 1, 2052, issued in private placement.
- Net proceeds to repay existing indebtedness and for general corporate purposes.
- Interest payable semi-annually on June 1 and December 1, beginning June 1, 2026.
- Bonds are secured ratably with all other obligations under Indenture; redeemable at ODEC's option with make-whole premium.

## SEC filing metadata
- accession: 0001193125-25-326002
- form_type: 8-K
- cik: 0000885568
- company_name: OLD DOMINION ELECTRIC COOPERATIVE
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885568/000119312525326002/0001193125-25-326002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885568/000119312525326002/ck0000885568-20251216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-326002
- JSON: https://secwatch.observer/filing/0001193125-25-326002.json
- Plain text: https://secwatch.observer/filing/0001193125-25-326002.txt

## Key facts
- Debt Financings
  OLD DOMINION ELECTRIC COOPERATIVE incurred senior notes of $250.0 million with institutional investors in the private placement market at 5.37% per annum maturing December 1, 2052.
  - Instrument: senior notes
  - Principal: $250.0 million
  - Counterparty: institutional investors in the private placement market
  - Rate: 5.37% per annum
  - Maturity: December 1, 2052
  - Event: incurrence
  source text: On December 16, 2025, Old Dominion Electric Cooperative (“ODEC”) issued and sold $250.0 million of 5.37% First Mortgage Bonds, 2025 Series A due December 1, 2052 (the “Bonds”), pursuant to a bond purchase agreement with institutional investors in the private placement market.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885568/000119312525326002/0001193125-25-326002-index.htm

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