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Published on 1/29/2009 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Virginia Electric and Power files automatic shelf registration

By Devika Patel

Knoxville, Tenn., Jan. 29 - Virginia Electric and Power Co. filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.

The registration covers mortgage bonds, senior debt securities and junior subordinated notes.

The securities may be structured as convertibles.

Proceeds will be used to finance capital expenditures, retire or redeem preferred stock or debt securities and for other general corporate purposes.

The utility is based in Richmond, Va.


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