My Market Wizard

EXELON CORP 8-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

EXELON CORP
,

Filing date:

02/21/2025

TLDR:

Exelon Corporation issued and sold $1.0 billion in aggregate principal amount of notes, consisting of $500 million of 5.125% Notes due 2031 and $500 million of 5.875% Notes due 2055, to be used to repay commercial paper borrowings and for general corporate purposes.

ELI5:

Exelon borrowed $1 billion by selling IOUs called notes. They’ll use some of the money to pay off old debts and the rest for general business needs.

Accession #:

0001109357-25-000050

Published on

Analyst Summary

  • Exelon Corporation issued $1.0 billion in notes on February 21, 2025.
  • The issuance includes $500 million of 5.125% Notes due 2031 and $500 million of 5.875% Notes due 2055.
  • A portion of the proceeds will repay $464 million in commercial paper borrowings.
  • The remaining proceeds will be used for general corporate purposes.
  • Interest on the notes is payable semi-annually on March 15 and September 15, beginning September 15, 2025.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️