---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-102202"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:40:34.251833+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Con Edison enters $3.5B revolving credit facility, terminates prior agreements

## Summary
- $3.5 billion revolving credit facility with Bank of America as administrative agent, dated March 11, 2026.
- Allocations: CECONY $3.5B full amount, Con Edison $800M (up to $1B), O&R $250M (up to $300M).
- Facility matures March 11, 2031, extendable by up to two additional one-year terms.
- Terminates prior March 2023 and March 2025 credit agreements; used to support commercial paper programs.
- Covenants include debt-to-capital ratio not exceeding 0.65 to 1 and lien limitation of 10% of net tangible assets.

## SEC filing metadata
- accession: 0001193125-26-102202
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000119312526102202/d820960d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-102202
- JSON: https://secwatch.observer/filing/0001193125-26-102202.json
- Plain text: https://secwatch.observer/filing/0001193125-26-102202.txt

## Source-grounded claims
- claim_id: fa9b609187061236879db995d38c9598367f09b8
  claim: CONSOLIDATED EDISON INC incurred revolving credit of aggregate amount of up to $3.5 billion of credit available with Bank of America, N.A., as Administrative Agent at variable interest rates maturing March 11, 2031.
  evidence_excerpt: as Administrative Agent. Under the Credit Agreement, the Lenders committed to provide loans and letters of credit, on a revolving credit basis, in an aggregate amount of up to $3.5 billion of credit available, with the full amount available to CECONY, $800 million available to Con Edison (subject to increase up to $1 billion) and $250 million available to O&R
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm
- claim_id: 217b7d614e05439e08d2e1c9894f4d35d1e98f85
  claim: CONSOLIDATED EDISON INC terminated Credit Agreement dated as of March 27, 2023 with Bank of America, N.A., as Administrative Agent valued at Termination of prior Credit Agreement dated March 27, 2023 (effective 2026-03-11).
  evidence_excerpt: The Credit Agreement terminates: (i) that certain Credit Agreement, dated as of March 27, 2023, among the Companies, as Borrowers, the lenders party thereto and Bank of America, N.A., as Administrative Agent and (ii) that certain 364-Day Revolving Credit Agreement, dated as of March 24, 2025, among CECONY, as Borrower, the lenders party thereto and Bank of America, N.A., as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm
- claim_id: 8a20d73ac1c44ce8d32c2c8dfb9ae4cffbd51653
  claim: CONSOLIDATED EDISON INC entered into Credit Agreement, dated as of March 11, 2026 with Bank of America, N.A., as Administrative Agent valued at aggregate amount of up to $3.5 billion (effective 2026-03-11).
  evidence_excerpt: On March 11, 2026, Consolidated Edison, Inc. (“Con Edison”) and its subsidiaries, Consolidated Edison Company of New York, Inc. (“CECONY”) and Orange and Rockland Utilities, Inc. (“O&R,” and along with Con Edison and CECONY, each a “Company” and collectively, the “Companies”), entered into a Credit Agreement, dated as of March 11, 2026 (the “Credit Agreement”) among the Companies, as Borrowers, the lenders party thereto (the “Lenders”) and Bank of America, N.A., as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm
- claim_id: f3c225896031c0e0bb23481822944133eca7821e
  claim: CONSOLIDATED EDISON INC terminated 364-Day Revolving Credit Agreement dated as of March 24, 2025 with Bank of America, N.A., as Administrative Agent valued at Termination of prior 364-Day Revolving Credit Agreement dated March 24, 2025 (effective 2026-03-11).
  evidence_excerpt: The Credit Agreement terminates: (i) that certain Credit Agreement, dated as of March 27, 2023, among the Companies, as Borrowers, the lenders party thereto and Bank of America, N.A., as Administrative Agent and (ii) that certain 364-Day Revolving Credit Agreement, dated as of March 24, 2025, among CECONY, as Borrower, the lenders party thereto and Bank of America, N.A., as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm

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