secwatch.observer — SEC 8-K summary
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Issuer:     EXELON CORP (EXC)
CIK:        0001109357
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001109357-24-000058
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/0001109357-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109357/000110935724000058/exc-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001109357-24-000058

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