8-KOther EventsExhibits & Filings

CONSOLIDATED EDISON INC 8-K Report, Corporate Update (May 9, 2019)

Filed May 9, 2019For Securities:ED

Summary

Consolidated Edison, Inc. (ED), through its subsidiary Consolidated Edison Company of New York, Inc. (CECONY), announced on May 6, 2019, the execution of an underwriting agreement for the sale of $700 million aggregate principal amount of its 4.125% Debentures, Series 2019 A. This offering is part of CECONY's ongoing financing activities and was registered under the Securities Act of 1933. The issuance of these debentures represents a significant debt financing event for CECONY, aimed at supporting its capital expenditure programs and maintaining its financial flexibility. Investors should note that this filing primarily concerns a debt issuance and does not introduce new financial results or material business changes, but it does reflect ongoing management of the company's capital structure.

Key Highlights

  • 1CECONY entered into an underwriting agreement for the sale of $700 million in aggregate principal amount of 4.125% Debentures, Series 2019 A.
  • 2The debt issuance occurred on May 6, 2019.
  • 3The Series 2019 A Debentures are registered under the Securities Act of 1933.
  • 4The filing includes the underwriting agreement as an exhibit.
  • 5The company also filed the form of the debentures and legal opinions as exhibits.
  • 6This event is classified under 'Other Events' (Item 8.01) and Financial Statements and Exhibits (Item 9.01).

Frequently Asked Questions

This 8-K filing announces that Consolidated Edison Company of New York, Inc. (CECONY), a subsidiary of Consolidated Edison, Inc., has entered into an underwriting agreement to sell $700 million of its 4.125% Debentures, Series 2019 A. This is a notification of a significant debt financing event.

Consolidated Edison Company of New York, Inc. (CECONY) is raising $700 million through the sale of the Series 2019 A Debentures.

The new debentures, Series 2019 A, carry a fixed interest rate of 4.125%.

No, this 8-K filing does not provide updated financial results. It primarily announces a debt issuance and includes related exhibit documents such as the underwriting agreement and legal opinions.