Consolidated Edison to offer series 2022 A debentures via four bookrunners

By Mary-Katherine Stinson

Lexington, Ky., Nov. 9 – Consolidated Edison Co. of New York, Inc. plans to offer series 2022 A debentures, according to an 424B2 filing with the Securities and Exchange Commission.

The debentures feature a make-whole call some months before the maturity date and thereafter are callable at par.

BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as joint bookrunners of the offering.

Consolidated Edison will use in-house counsel and will also be advised by Shearman & Sterling LLP. Hunton Andrews Kurth LLP is counsel to the bookrunners.

Proceeds will be used for general corporate purposes, including repayment of short-term debt bearing interest at variable rates.

The energy company is based in New York.

© 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.