secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001193125-25-061392
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312525061392/0001193125-25-061392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000119312525061392/d916286d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-061392

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