Shearman And Sterling

News March 27, 2023

Consolidated Edison $3 Billion Revolving Credit Facilities

Shearman & Sterling advised Consolidated Edison, Inc. and its subsidiaries on a $2.5 billion revolving credit agreement agented by Bank of America, N.A. and Consolidated Edison Company of New York, Inc. on a $500 million 364-day revolving credit agreement agented by Bank of America, N.A. In each case, the transactions finance commercial paper programs and general corporate purposes.

Headquartered in New York, Consolidated Edison, engages in regulated electric, gas and steam delivery businesses in the United States.

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