COMMONWEALTH EDISON Co: debt financing — ComEd issues $1.425B in first mortgage bonds, refinances $500M of existing debt

COMMONWEALTH EDISON Co

$600M of 4.550% Series 139 bonds due 2031 and $825M of 5.850% Series 140 bonds due 2056 issued May 14, 2026.
Proceeds used to redeem $500M of 2.550% Series 120 bonds due June 15, 2026, plus general corporate purposes.
Bonds are secured by a first mortgage on ComEd's utility plant; interest payable semi-annually beginning Dec 1, 2026.
Underwriters include BofA Securities, Citigroup, Loop Capital, RBC Capital, U.S. Bancorp Investments.
Bonds are redeemable at ComEd's option at make-whole or par pricing subject to defined par call dates.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

COMMONWEALTH EDISON Co incurred senior notes of $600 million aggregate principal amount of its First Mortgage 4.550% Bonds, Series 139, due June 1, 2031, and $825 milli with BofA Securities, Inc., Citigroup Global Markets Inc., Loop Capital Markets LLC, RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc. at 4.550% per annum (Series 139) and 5.850% per annum (Series 140) maturing June 1, 2031 (Series 139) and June 1, 2056 (Series 140).

Instrument: senior notes
Principal: $600 million aggregate principal amount of its First Mortgage 4.550% Bonds, Series 139, due June 1, 2031, and $825 milli
Counterparty: BofA Securities, Inc., Citigroup Global Markets Inc., Loop Capital Markets LLC, RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc.
Rate: 4.550% per annum (Series 139) and 5.850% per annum (Series 140)
Maturity: June 1, 2031 (Series 139) and June 1, 2056 (Series 140)
Event: incurrence

Exact text from the filing

On May 14, 2026, ComEd issued $600 million aggregate principal amount of its First Mortgage 4.550% Bonds, Series 139, due June 1, 2031, and $825 million aggregate principal amount of its First Mortgage 5.850% Bonds, Series 140, due June 1, 2056.

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Source: SEC EDGAR

accession 0000022606-26-000017

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