| Issuer / Guarantor | Exelon Corp |
|---|---|
| Size | USD 900mn |
| Type | Convertible |
| Leads | JP Morgan, Barclays, Morgan Stanley, BoA, Citigroup, Goldman Sachs |
| Maturity | 15 Mar 2029 (3.3 years) |
| Coupon | 3.25% (2.875 - 3.375%) |
| Premium | 25% (25 - 30%) |
| Calls | None |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 130% to Dec 2028 (3 yrs) |
| Announced | 01 Dec 2025 |