Exelon Completes $1 Billion Convertible Notes Sale
Exelon Corporation completed a $1 billion Convertible Senior Notes sale due 2029, including a $100 million option for additional notes. The notes bear a 3.25% interest rate and are convertible into cash or shares. Proceeds of $987.5 million will be used for debt repayment or general corporate purposes, enhancing Exelon's capital structure flexibility. Analysts rate EXC stock as a Sell with a $43.00 target, while TipRanks’ AI Analyst rates it as Outperform due to strong earnings and valuation.
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Exelon ( (EXC) ) has issued an update.
On December 4, 2025, Exelon Corporation completed the sale of $1 billion in Convertible Senior Notes due 2029, which included a $100 million option for additional Notes. These Notes, offered to qualified institutional buyers, bear a fixed interest rate of 3.25% and are convertible into cash or a combination of cash and shares of Exelon’s common stock. The proceeds, estimated at $987.5 million, will be used to repay or refinance debt or for general corporate purposes. This strategic financial move positions Exelon to manage its debt effectively while maintaining flexibility in its capital structure, potentially impacting its market standing and stakeholder interests.
The most recent analyst rating on (EXC) stock is a Sell with a $43.00 price target. To see the full list of analyst forecasts on Exelon stock, see the EXC Stock Forecast page.
Spark’s Take on EXC Stock
According to Spark, TipRanks’ AI Analyst, EXC is a Outperform.
Exelon’s strong earnings performance and reasonable valuation are key strengths, supported by positive earnings call sentiment. However, high leverage and cash flow challenges pose risks. Technical indicators suggest neutral momentum, with potential for improvement.
To see Spark’s full report on EXC stock, click here.
More about Exelon
Exelon Corporation is a Fortune 200 company and one of the largest utility companies in the United States, serving over 10.7 million customers through its six fully regulated transmission and distribution utilities, including Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power & Light, PECO Energy Company, and Potomac Electric Power Company. The company focuses on reliable, affordable, and efficient energy delivery, workforce development, and community support.
Average Trading Volume: 7,095,957
Technical Sentiment Signal: Strong Buy
Current Market Cap: $45.46B
