debt
confidence high
sentiment neutral
materiality 0.60
Exelon issues $1.0B in notes to repay $464M commercial paper; rates 5.125% (2031) and 5.875% (2055)
EXELON CORP
- Issued $500M 5.125% notes due 2031 and $500M 5.875% notes due 2055.
- Net proceeds will repay $464M of commercial paper (weighted avg rate 4.537%) and general corporate purposes.
- Interest payable semi-annually starting September 15, 2025; maturities March 15, 2031 and 2055.
- Underwriting syndicate led by Barclays, BNP Paribas, BofA, J.P. Morgan, Morgan Stanley.