Hunton & Williams Advises on Delmarva Power & Light Company $300 Million First Mortgage Bond Offering
Hunton & Williams LLP advised Citigroup Global Markets Inc., RBS Securities Inc., and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering by Delmarva Power & Light Company ("Delmarva Power") of $300 million aggregate principal amount of first mortgage bonds due 2023.
Delmarva Power, a public utility company owned by Pepco Holdings, Inc., provides safe and reliable energy to more than 500,000 electric delivery customers in Delaware and Maryland and over 122,000 natural gas delivery customers in northern Delaware.
The Hunton & Williams LLP team included Steve Friend, Christina Kwon and Andrew Spector.
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