Press release
Exelon Announces Extension of Exchange Offers
CHICAGO--(BUSINESS WIRE)-- Exelon Corporation (Exelon) (Nasdaq: EXC) today announced that it has extended the expiration date for each of its offers to
About this update from Exelon Corporation
[{"type":"text","content":" CHICAGO--(BUSINESS WIRE)--\nExelon Corporation (Exelon) (Nasdaq: EXC) today announced that it has extended the expiration date for each of its offers to exchange any and all of its outstanding unregistered notes listed below that were originally issued in private offerings for equal principal amounts of new issues of notes registered under the Securities Act of 1933, as amended.\n\nThe exchange offers, which were originally scheduled to expire at 5:00 p.m., New York City time, on Friday, December 23, 2022, have been extended until 5:00 p.m., New York City time, on Friday, January 6, 2023, unless further extended. All other terms, provisions and conditions of the exchange offers will remain in full force and effect.\n\nAs of 5:00 p.m., New York City time, on December 23, 2022, quantities of unregistered notes validly tendered and not validly withdrawn, as advised by The Bank of New York Mellon Trust Company, N.A., the exchange agent for the exchange offers, are set forth in the table below:\n\n\n\nSecurity\n\n\n\n144A CUSIP\nNumber\n\n\n\nReg S\nCUSIP\nNumber\n\n\n\nAggregate\nPrincipal\nAmount\nOutstanding\n\n\n\nPrincipal\nAmount\nTendered\n\n\n\nApproximate\nPercentage\nof Notes\nTendered\n\n\n\n\n\n2.750% Notes due 2027\n\n\n\n30161NAZ4\n\n\n\nU3002LAD4\n\n\n\n$650,000,000\n\n\n\n$645,670,000\n\n\n\n99.334%\n\n\n\n\n\n3.350% Notes due 2032\n\n\n\n30161NBC4\n\n\n\nU3002LAE2\n\n\n\n$650,000,000\n\n\n\n$649,950,000\n\n\n\n99.992%\n\n\n\n\n\n4.100% Notes due 2052\n\n\n\n30161NBF7\n\n\n\nU3002LAF9\n\n\n\n$700,000,000\n\n\n\n$677,897,000\n\n\n\n96.842%\n\n\n\n\nA Form S-4 registration statement filed by Exelon with the Securities and Exchange Commission regarding the exchange offers was declared effective by the Securities and Exchange Commission on August 19, 2022. The expiration date for each exchange offer is being extended to provide time for remaining outstanding unregistered notes to be exchanged.\n\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful. A copy of the prospectus and other materials related to the exchange offers may be obtained from the exchange agent, The Bank of New York Mellon Trust Company, N.A., ...