{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-080603","form_type":"8-K","ticker":"ED","cik":"0001047862","company_name":"CONSOLIDATED EDISON INC","filed_at":"2023-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.659381+00:00","generated_at":"2026-06-17T14:16:58.993871+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Con Edison enters $2.5B revolving credit facility, replaces 2016 agreement","bullets":["New $2.5B revolving credit facility with Bank of America as agent, maturing March 27, 2028, with extension options.","CECONY can access full $2.5B; Con Edison up to $800M (expandable to $1B); O&R up to $250M; includes $900M LC sublimit.","Separate $500M 364-day revolving credit facility for CECONY alone, maturing March 25, 2024.","Facilities support commercial paper programs and may be used for general corporate purposes.","Interest rates and fees reflect each borrower's credit rating; facility replaces Dec 2016 credit agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-080603","json":"https://secwatch.observer/filing/0001193125-23-080603.json","markdown":"https://secwatch.observer/filing/0001193125-23-080603.md","text":"https://secwatch.observer/filing/0001193125-23-080603.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23632/000119312523080603/d480897d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T14:16:58.993871+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ae5ffc7fdbf1ac20bae8e71da84359003e1bc215","claim":"CONSOLIDATED EDISON INC incurred revolving credit of up to $2.5 billion with Bank of America, N.A. maturing March 27, 2028.","evidence_excerpt":"Under the Credit Agreement, the Lenders committed to provide loans and letters of credit, on a revolving credit basis, in an aggregate amount of up to $2.5 billion of credit available, with the full amount available to CECONY, $800 million available to Con Edison (subject to increase up to $1 billion) and $250 million available to O&R, including up to $900 million of letters of credit.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $2.5 billion"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Maturity","value":"March 27, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d97f41dbd07d9276c37206f668bbb0d64de06446","claim":"CONSOLIDATED EDISON INC incurred revolving credit of up to $500 million with Bank of America, N.A. maturing March 25, 2024.","evidence_excerpt":"Under the CECONY 364-Day Credit Agreement, the 364-Day Lenders committed to provide a loan, on a revolving credit basis, in an aggregate amount of up to $500 million to CECONY.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $500 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Maturity","value":"March 25, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"327c343a760cecb0cb13a04754728654da2188da","claim":"CONSOLIDATED EDISON INC entered into CECONY 364-Day Credit Agreement with Bank of America, N.A. (as Administrative Agent), the 364-Day Lenders valued at $500 million (effective 2023-03-27).","evidence_excerpt":"On March 27, 2023, CECONY entered into a 364-Day Revolving Credit Agreement, dated as of March 27, 2023 (the “CECONY 364-Day Credit Agreement”), among CECONY, the lenders party thereto (the “364-Day Lenders”) and Bank of America, N.A., as Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. (as Administrative Agent), the 364-Day Lenders"},{"label":"Value","value":"$500 million"},{"label":"Effective","value":"2023-03-27"}],"fact_type":"material_agreement"},{"claim_id":"857ef51df677a05863349ee26a5ce42f7dbe6d32","claim":"CONSOLIDATED EDISON INC terminated Credit Agreement, dated as of December 7, 2016 with Bank of America, N.A. (as Administrative Agent), the lenders party thereto (effective 2023-03-27).","evidence_excerpt":"The Credit Agreement terminates the Credit Agreement, dated as of December 7, 2016, among the Companies, the lenders party thereto and Bank of America, N.A., as Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. (as Administrative Agent), the lenders party thereto"},{"label":"Effective","value":"2023-03-27"}],"fact_type":"material_agreement"},{"claim_id":"cfc4d43e373de15553edd9ea3e7d464fdbb7a260","claim":"CONSOLIDATED EDISON INC entered into Credit Agreement with Bank of America, N.A. (as Administrative Agent), the lenders party thereto valued at $2.5 billion (effective 2023-03-27).","evidence_excerpt":"On March 27, 2023, Consolidated Edison, Inc. (“Con Edison”) and its subsidiaries Consolidated Edison Company of New York, Inc. (“CECONY”) and Orange and Rockland Utilities, Inc. (“O&R,” and along with Con Edison and CECONY, each a “Company” and collectively, the “Companies”) entered into a Credit Agreement, dated as of March 27, 2023, (the “Credit Agreement”) among the Companies, the lenders party thereto (the “Lenders”) and Bank of America, N.A., as Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047862/000119312523080603/0001193125-23-080603-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. (as Administrative Agent), the lenders party thereto"},{"label":"Value","value":"$2.5 billion"},{"label":"Effective","value":"2023-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}