New Issue-Pepco sells $250 mln in senior notes

Mon Sep 27, 2010 4:10pm EDT

  Sept 27 (Reuters) - Pepco Holdings Inc (POM.N) on Monday
sold $250 million of senior unsecured notes, said IFR, a
Thomson Reuters service.
  Bank of America Merrill Lynch, RBS, and Scotia were the
joint bookrunning managers for the sale.
BORROWER: PEPCO HOLDINGS INC
AMT $250 MLN      COUPON 2.70 PCT     MATURITY 10/1/2015 
TYPE SR NTS       ISS PRICE 99.819    FIRST PAY 4/1/2011 
MOODY'S Baa3      YIELD 2.739 PCT     SETTLEMENT 9/30/2010
S&P TRIPLE-B      SPREAD 145 BPS      PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B     MORE THAN TREAS    MAKE-WHOLE CALL 25 BPS