Exelon Prices $775 Million Senior Notes Offering Due 2036
Summary
Exelon Corporation finalized the terms for a $775 million offering of 4.950% senior notes due 2036, a move likely aimed at funding its extensive capital investment plan.
Key Events
-
Prices $775 Million Debt Offering
Exelon Corporation priced $775,000,000 of 4.950% Notes due March 15, 2036, with a yield to maturity of 4.999% and an offering price of 99.611% of the principal amount.
-
Supports Capital Investment Plan
This significant debt raise is expected to help fund the company's previously announced $41 billion capital investment plan, reinforcing its long-term growth strategy.
-
Strong Credit Ratings Maintained
The notes carry investment-grade ratings of Baa2 from Moody's and BBB+ from S&P, reflecting the company's solid financial health and creditworthiness.
Analysis
This FWP details the pricing and terms of Exelon's $775 million debt offering. The issuance of these 4.950% notes due 2036 is a significant capital event, representing a substantial amount of capital for the company. This financing activity is consistent with the company's recently announced $41 billion capital investment plan, as detailed in its 10-K and 8-K filings on February 12, 2026. The successful pricing of these notes, with strong investment-grade ratings, indicates the company's ability to secure substantial funding to support its long-term strategic initiatives and infrastructure development.
At the time of this filing, EXC was trading at $47.24 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $48.3B. The 52-week trading range was $41.71 to $49.11. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.