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0.0253695124641519 0.00617692477388046 0.0169865431281713 0.0178689609530113 0.0147804985660711 0.0121332450915509 0.0258107213765718 0.0258107213765718
Stock impact report

Exelon Announces Proposed Offering of $900 Million of Convertible Senior Notes due 2029

Exelon Corporation (EXC) 
Last exelon corporation earnings: 2/11 06:50 am Check Earnings Report
US:NYSE Investor Relations: exeloncorp.com/investor-relations
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today announced that it intends to offer, subject to market and other conditions, $900 million aggregate principal amount of its convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). Exelon also intends to grant to each of the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date on which the convertible notes are first issued, up to an additional $100 million aggregate principal amount of the convertible notes.Exelon intends to use the net proceeds from the offering of the convertible notes for the repayment or refinancing of debt or for general corporate purposes.The convertible notes will be senior unsecured obligations of Exelon and will be convertible at the option of the holders of such convertible notes upon satisfaction of certain conditions and during certain periods. Interest w Show less Read more
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