$250 Million Atlantic City Electric Company Private Placement of First Mortgage Bonds

Represented a group of institutional investors in connection with the issuance by Atlantic City Electric Company of $100 million of its First Mortgage Bonds, 5.28% Series due March 26, 2035, $75 million of its First Mortgage Bonds, 5.54% Series due November 19, 2040, and $75 million of its First Mortgage Bonds, 5.81% Series due November 19, 2055. Huntington Securities, Inc., Mizuho Securities USA LLC and Scotia Capital (USA) Inc. served as placement agents for the offering.