---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-25-000046"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T10:33:13.689171+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Exelon closes $1B offering of 6.500% junior subordinated notes due 2055

## Summary
- Closed public offering of $1,000,000,000 aggregate principal of 6.500% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055.
- Net proceeds of approximately $990 million after underwriting discounts; estimated offering expenses $2.2 million.
- Notes bear 6.500% interest from Feb 19, 2025 to March 15, 2035; then reset at 5-year Treasury plus 1.975%.
- Underwriters: Barclays, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley.
- Exelon may defer interest payments for up to 20 consecutive semi-annual periods at its option.

## SEC filing metadata
- accession: 0001109357-25-000046
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935725000046/0001109357-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1109357/000110935725000046/exc-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-25-000046
- JSON: https://secwatch.observer/filing/0001109357-25-000046.json
- Plain text: https://secwatch.observer/filing/0001109357-25-000046.txt

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