secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001193125-26-102202
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312526102202/0001193125-26-102202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000119312526102202/d820960d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-102202

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