secwatch.observer — SEC 8-K summary
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Issuer:     PECO ENERGY CO (—)
CIK:        0000078100
Form:       8-K
Filed at:   2026-08-10T18:36:28+00:00
Accession:  0000078100-26-000003
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PECO issues $750M of 5.000% mortgage bonds due 2031 to refinance commercial paper
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- Issued $750M First and Refunding Mortgage Bonds, 5.000% Series due Sept 1, 2031; interest payable semi-annually March 1 and Sept 1, starting March 1, 2027.
- Proceeds to refinance outstanding commercial paper and for general corporate purposes.
- Issued under 126th Supplemental Indenture dated July 15, 2026; underwriters include BNP Paribas, J.P. Morgan, MUFG, PNC, Scotia Capital.
- Bonds redeemable at PECO's option per Supplemental Indenture; legal opinions from Ballard Spahr LLP attached.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78100/000007810026000003/0000078100-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78100/000007810026000003/exc-20260810.htm
  HTML page:      https://secwatch.observer/filing/0000078100-26-000003

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