AI brief of an SEC Form 8-K · Exelon (EXC)

Exelon sells $775 million of 4.950% notes due 2036 to refinance a 2026 maturity

Neutral Impact 3 of 5 financing Written later

Exelon Corporation issued and sold $775 million in aggregate principal amount of 4.950% notes due March 15, 2036, on February 20, 2026. The company said net proceeds, together with available cash, will be used to retire its $750 million 3.400% notes due 2026 at maturity, with the remainder for general corporate purposes.

Key points

  • Notes: $775 million principal, 4.950% fixed interest, maturing March 15, 2036
  • Interest payable semi-annually on March 15 and September 15, beginning September 15, 2026
  • Proceeds to retire $750 million 3.400% notes due 2026 at maturity; remainder for general corporate purposes
  • Underwriting agreement dated February 18, 2026 with BNP Paribas Securities Corp., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC as representatives

The filing

CompanyExelon (EXC)
Form8-K, current report
Filed with the SECFeb 20, 2026, 2:23 PM ET
Accession number0001109357-26-000021

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.