debt
confidence high
sentiment neutral
materiality 0.50
CECONY issues $900M of 5.75% debentures due 2055
CONSOLIDATED EDISON INC
- CECONY sold $900M aggregate principal of 5.75% Debentures, Series 2025 A, maturing 2055.
- Underwriters include Barclays, Citigroup, J.P. Morgan, and Wells Fargo.
- Debentures registered under Form S-3 effective August 1, 2024; closing expected shortly.
- Proceeds for general corporate purposes (utility infrastructure or refinancing).