Con Edison subsidiary CECONY enters $500M 364-day revolving credit facility

CONSOLIDATED EDISON INC

CECONY secured a $500M unsecured revolving credit facility maturing March 23, 2026.
Facility replaces a prior 364-day credit agreement that expired on March 24, 2025.
Borrowings will support CECONY's commercial paper program and general corporate purposes.
Interest rates and fees are variable, reflecting CECONY's credit rating.
Covenants require debt-to-capital ratio not exceed 0.65:1 and limit liens on assets.

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