debt
confidence high
sentiment neutral
materiality 0.60
BGE issues $925M in notes: $500M at 5.150% (2033) and $425M at 6.050% (2056)
BALTIMORE GAS & ELECTRIC CO
- Issued $500M 5.150% notes due June 1, 2033 and $425M 6.050% notes due June 1, 2056.
- Proceeds used to retire $350M of 2.400% senior notes due Aug 15, 2026 and for general corporate purposes.
- Interest payable semi-annually on June 1 and Dec 1, beginning Dec 1, 2026.
- Notes subject to optional redemption; underwritten by Barclays, Credit Agricole, Goldman Sachs, SMBC Nikko, U.S. Bancorp.
- Notes issued under existing indenture and registered on Form S-3 (No. 333-277223-01).