12:11 PM EST, 02/19/2025 (MT Newswires) -- Exelon ( EXC ) said in a Wednesday filing that it closed the public offering of $1 billion aggregate principal amount of its 6.5% fixed-to-fixed reset rate junior subordinated notes due 2055.

The company received about $990 million in proceeds from the sale of the notes, according to the filing.

The company said the offering was under a Feb. 13 underwriting deal with a group of financial institutions.

The notes are set to mature on March 15, 2055, with interest payable semi-annually starting on Sept. 15, according to the filing.

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