Exelon Announces Proposed Offering of $900 Million of Convertible Senior Notes due 2029
Share CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today announced that it intends to offer, subject to market and other conditions, $900 million aggregate principal amount of its convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended (the "Securities Act†). Exelon also intends to grant to each of the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date on which the convertible n ...