$275 Million 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 $200 million of its First Mortgage Bonds, 5.48% Series due March 26, 2040, and $75 million of its First Mortgage Bonds, 5.78% Series due September 17, 2055. Huntington Securities, Inc., Mizuho Securities USA LLC and Scotia Capital (USA) Inc. served as placement agents for the offering.