secwatch.observer — SEC 8-K summary
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Issuer:     COMMONWEALTH EDISON Co (—)
CIK:        0000022606
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0000022606-24-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ComEd issues $800M in first mortgage bonds at 5.300% and 5.650%
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- $400M Series 136 at 5.300% due June 1, 2034; $400M Series 137 at 5.650% due June 1, 2054.
- Proceeds to redeem $250M of 3.10% Series 117 bonds, repay $400M term loan, commercial paper, and general corporate purposes.
- Bonds secured by first mortgage on ComEd's utility plant; interest payable semi-annually starting Dec 1, 2024.
- Underwriters include Goldman Sachs, U.S. Bancorp, Wells Fargo; Mizuho and SMBC affiliates are lenders in term loan being repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22606/000002260624000009/0000022606-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22606/000002260624000009/exc-20240513.htm
  HTML page:      https://secwatch.observer/filing/0000022606-24-000009

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