Consolidated Edison extends term loan commitment by two months

By Marisa Wong

Los Angeles, Dec. 1 – Consolidated Edison, Inc. entered into a first amendment on Nov. 29 with respect to its 364-day senior unsecured term loan credit agreement dated June 30 with Barclays Bank plc as lead arranger, bookrunner and administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The amendment extends to Jan. 31 from Nov. 30 the lender’s commitment to provide to the company one or more tranches of incremental term loans in an aggregate amount not to exceed $200 million.

Con Edison is an energy company based in New York.

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