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