Exelon planning senior notes offering due 2020

By Aleesia Forni

Virginia Beach, Jan. 8 – Exelon Generation Co. LLC is in the market with an offering of senior notes due 2020, according to a 424B2 filed with the Securities and Exchange Commission.

Barclays, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are the joint bookrunners.

Proceeds will be used to fund the optional redemption of Exelon’s $550 million 4.55% senior notes due June 15, 2015 and for general corporate purposes.

The energy producer is a subsidiary of Chicago-based Exelon Corp.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.