Cases & Deals

FirstEnergy subsidiary completes $175 million private placement of First Mortgage Bonds

Clients Potomac Edison Company, The

Jones Day represented The Potomac Edison Company, an electric transmission and distribution subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $75 million aggregate principal amount of First Mortgage Bonds, 2.67% Series due 2032 and $100 million aggregate principal amount of First Mortgage Bonds, 3.43% Series due 2051.