secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001193125-25-292287
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CECONY enters $500M 364-day term loan to repay maturing facility
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- CECONY borrowed $500M on Nov 24, 2025 under a 364-day senior unsecured term loan credit agreement.
- Proceeds used to repay a portion of CECONY's unsecured term loan facility due November 2025.
- Covenant requires CECONY's ratio of consolidated debt to total capital not exceed 0.65:1.
- Cross-default trigger on any material debt >$150M (other than non-recourse debt) can accelerate maturity.
- U.S. Bank National Association serves as Administrative Agent; PNC Capital Markets as Joint Lead Arranger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312525292287/0001193125-25-292287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000119312525292287/d46537d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-292287

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