Exelon Corporation
Exelon Corporation Announces Issuance of $1.7 Billion in Notes
Summary
On February 27, 2024, Exelon Corporation issued and sold $1.7 billion in aggregate principal amount of notes consisting of $650 million of 5.150% Notes due 2029, $650 million of 5.450% Notes due 2034, and $400 million of 5.600% Notes due 2053. The issuance was under an amended and supplemented indenture dated June 11, 2015, with the Seventh Supplemental Indenture dated February 27, 2024. Proceeds from the sale will be used to repay existing debt and for general corporate purposes. Legal opinions and the underwriting agreement are provided as exhibits.
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Exhibits (4)
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About Exelon Corporation
Exelon Corporation is a leading American energy provider primarily recognized for its role as one of the largest competitive power generators in the United States. Operating through its multi-faceted subsidiaries, Exelon generates electricity, distributes energy, and offers services to customers in a variety of forms, including nuclear, fossil, wind, hydroelectric, and solar power. The corporation's key function lies in its ability to deliver efficient electricity services to residential, commercial, and governmental sectors, ensuring reliability and sustainability. Headquartered in Chicago, Illinois, Exelon plays a significant part in the transition toward clean energy, leveraging its extensive nuclear operations to reduce carbon emissions and meet evolving environmental standards. Furthermore, Exelon's commitment to innovation in energy management and its efforts toward clean energy initiatives underscore its importance in the broader context of energy policy and environmental goals. The company is closely engaged in regulatory sectors and governmental partnerships, which bolster its position within the market as a pioneer in energy solutions and service reliability.
Official SEC Documents
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