EEE

PECO Energy Company 2.8% 15-JUN-2050

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Key terms


Outstanding amount
‪350.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
2.80% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.71%
Maturity date
Jun 15, 2050
Term to maturity
25 years

About PECO Energy Company 2.8% 15-JUN-2050


Issuer
PECO Energy Co.
Sector
Utilities
Industry
Electric Utilities
Home page
Issue date
Jun 8, 2020
FIGI
BBG00V6PXN84
With a history of more than 100 years of service to the Greater Philadelphia region, PECO has a long-standing commitment to a culture of excellence. Formerly, Philadelphia Electric Company, PECO was incorporated in 1902 but finds it origins in The Brush Electric Light Company of Philadelphia, which was formed in 1881. One of the oldest and largest utility companies in the United States, PECO has its origins in the work of Thomas Edison. As invention brought new conveniences, population grew and industry developed, PECO grew to meet the increasing demand of its customers. The history and evolution of electricity and natural gas development, distribution, and consumption suggests that demand for both will continue to increase. PECO is the steward of efforts to help customers make better choices about energy usage and is focused on setting the example as an environmental leader. PECO's legacy is one of innovation and commitment to learning. It is also about a commitment to people, their customers.
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