Deals 02/26/2024

Loop Capital Markets as senior co-manager on $675 million first mortgage bond (FMB) offering for Potomac Electric Power Company

On February 26, 2024, Loop Capital Markets acted as a senior co-manager on a two-tranche, $675 million FMB offering for Potomac Electric Power Company. The bonds are rated A2/A/A across 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes and debt repayment.