Con Edison signs USD 3.5 billion revolving credit agreement with Bank of America

Reuters
03/12
Con Edison signs USD 3.5 billion revolving credit agreement with Bank of America

Con Edison, Con Edison of New York, and Orange and Rockland entered into a revolving credit agreement with lenders led by Bank of America as administrative agent. The facility provides up to USD 3.5 billion in revolving loans and letters of credit, including up to USD 0.9 billion in letters of credit. Commitments under the agreement run to March 11, 2031, with extension options of up to two additional one-year terms. The agreement terminates the companies’ prior March 27, 2023 credit agreement and Con Edison of New York’s March 24, 2025 364-day revolving credit agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Consolidated Edison Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-102202), on March 11, 2026, and is solely responsible for the information contained therein.

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