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PECO to conduct offering of first and refunding mortgage bonds
By Devika Patel
Knoxville, Tenn., June 1 – PECO Energy Co. intends to price first and refunding mortgage bonds, according to a 424B2 filing with the Securities and Exchange Commission.
The bonds have a make-whole call and then a par call.
The joint bookrunners are CIBC World Markets Corp., Scotia Capital (USA) Inc., U.S. Bancorp Investments Inc., Citigroup Global Markets Inc., MUFG and TD Securities (USA) LLC.
The senior co-manager is Siebert Williams Shank & Co. LLC.
Proceeds will be used for general corporate purposes.
The electric and natural gas transmission subsidiary of Exelon is based in Philadelphia.
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