---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-24-000058"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:38:53.449404+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Exelon issues $1.7B in notes; repays $500M term loan and $689M commercial paper

## Summary
- $1.7B aggregate: $650M 5.150% notes due 2029, $650M 5.450% notes due 2034, $400M 5.600% notes due 2053.
- Net proceeds used to repay $500M SOFR+0.85% term loan (April 2024) and $689M commercial paper (approx. 5.600% rate).
- Remaining net proceeds will be used for general corporate purposes.
- Interest payable semi-annually; first payments: Sep 15, 2024 (2029/2034) and Mar 15, 2024 (2053). Maturities in 2029, 2034, 2053.

## SEC filing metadata
- accession: 0001109357-24-000058
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/0001109357-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/exc-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-24-000058
- JSON: https://secwatch.observer/filing/0001109357-24-000058.json
- Plain text: https://secwatch.observer/filing/0001109357-24-000058.txt

## Key facts
- Debt Financings
  EXELON CORP incurred senior notes of $1.7 billion in aggregate principal amount of notes with The Bank of New York Mellon Trust Company, N.A., as trustee at 5.150% per annum...5.450% per annum...5.600% per annum maturing March 15, 2029...March 15, 2034...March 15, 2053.
  - Instrument: senior notes
  - Principal: $1.7 billion in aggregate principal amount of notes
  - Counterparty: The Bank of New York Mellon Trust Company, N.A., as trustee
  - Rate: 5.150% per annum...5.450% per annum...5.600% per annum
  - Maturity: March 15, 2029...March 15, 2034...March 15, 2053
  - Event: incurrence
  source text: On February 27, 2024, the Company issued and sold $1.7 billion in aggregate principal amount of Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/0001109357-24-000058-index.htm
- Material Agreements
  EXELON CORP entered into the "Notes" valued at $1.7 billion (effective 2024-02-27).
  - Action: entry
  - Agreement: notes offering
  - Value: $1.7 billion
  - Effective: 2024-02-27
  source text: On February 27, 2024, Exelon Corporation (the “Company”) issued and sold $1.7 billion in aggregate principal amount of notes consisting of $650 million principal amount of its 5.150% Notes due 2029 (the “2029 Notes”), $650 million principal amount of its 5.450% Notes due 2034 (the “2034 Notes”) and an additional $400 million principal amount of its 5.600% Notes due 2053 (the “2053 Notes” and, collectively with the 2029 Notes and the 2034 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/0001109357-24-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.