New Issue-Virginia Electric & Power Co sells $350 mln in debt

June 23 (Reuters) - The Virginia Electric & Power Company,
a unit of Dominion Resources (D.N: Quote, Profile, Research) on Tuesday sold $350 million
of senior notes, said IFR, a Thomson Reuters service.

Barclays, Goldman Sachs, and Scotia Bank were the joint
bookrunning managers for the sale.
BORROWER: VIRGINIA ELECTRIC AND POWER COMPANY
AMT $350 MLN COUPON 5.00 PCT MATURITY 6/30/2019
TYPE SR NOTES ISS PRICE 99.805 FIRST PAY 12/30/2009
MOODY'S Baa1 YIELD 5.025 PCT SETTLEMENT 6/26/2009
S&P A-MINUS SPREAD 137.5 BPS PAY FREQ SEMI-ANNUAL
FITCH A-MINUS MORE THAN TREAS MAKE-WHOLE CALL 25 BPS