US$100M Potomac Electric Power Company Private Placement of First Mortgage Bonds

Represented a group of institutional investors in connection with the issuance by Potomac Electric Power Company of US$100M of its First Mortgage Bonds, 5.35% Series due September 13, 2033, pursuant to a Section 4(a)(2) U.S. private placement exemption. Mizuho Securities USA, Inc and Scotia Capital (USA) Inc. served as placement agents for the offering.