Hunton & Williams Advises on Delmarva Power & Light Company $200 Million First Mortgage Bond Offering

Hunton & Williams LLP advised Morgan Stanley & Co. LLC, SunTrust Robinson Humphrey, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Scotia Capital (USA) Inc. as joint book-running managers on an SEC-registered offering by Delmarva Power & Light Company ("Delmarva Power") of $200 million aggregate principal amount of first mortgage bonds due 2023.

Delmarva Power is a regulated public utility company engaged in the transmission, distribution and default supply of electricity in Delaware and Maryland. Delmarva Power also supplies and delivers natural gas to retail customers in portions of New Castle County in Delaware. As of December 31, 2013, Delmarva Power delivered electricity to 506,000 electric customers and 126,000 natural gas customers.

The Hunton & Williams LLP team included Steve Friend, Christina Kwon and Ben Falk.