---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-264743"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:33:52.889423+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CECONY (Con Edison subsidiary) enters $700M credit facility, borrows $500M immediately

## Summary
- CECONY borrowed $500M on Nov 25, 2024 under a $700M 364-day delayed draw term loan.
- Remaining $200M available until Feb 23, 2025, subject to customary conditions; no credit rating maintenance.
- Proceeds used for general corporate purposes.
- Defaults include debt-to-capital ratio >0.65, liens >10% of net tangible assets, missed payments >$150M.
- Facility is senior unsecured; lenders include U.S. Bank and PNC Capital Markets.

## SEC filing metadata
- accession: 0001193125-24-264743
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2024-11-25T23:59:59+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/1047862/000119312524264743/0001193125-24-264743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000119312524264743/d920901d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-264743
- JSON: https://secwatch.observer/filing/0001193125-24-264743.json
- Plain text: https://secwatch.observer/filing/0001193125-24-264743.txt

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