Item 1.01 Entry into a Material Definitive Agreement.
OnNovember 29, 2022 ,Consolidated Edison, Inc. ("Con Edison") entered into Amendment No. 1, dated as ofNovember 29, 2022 (the "Amendment"), with respect to the 364-Day Senior Unsecured Term Loan Credit Agreement, dated as ofJune 30, 2022 , amongCon Edison , the lender party thereto (the "Lender"), Barclays Bank PLC as Sole Lead Arranger andSole Bookrunner and Barclays Bank PLC, as Administrative Agent (the "June 2022 Credit Agreement"). The Amendment extends the Lender's commitment under theJune 2022 Credit Agreement to provide toCon Edison , subject to certain conditions, one or more tranches of incremental term loans in an aggregate amount not to exceed$200 million fromNovember 30, 2022 toJanuary 31, 2023 . A copy of the Amendment is included as an exhibit to this report, and this description of the Amendment is qualified in its entirety by reference to the Amendment. Barclays Bank PLC and its affiliates are full service financial institutions engaged in various activities, which may include, among other activities, securities trading and underwriting, commercial and investment banking, financial advisory, corporate trust, investment management, investment research, principal investment, hedging, financing and brokerage activities. In the ordinary course of its business, Barclays Bank PLC and/or its affiliates have provided and may in the future provideCon Edison and its affiliates with financial advisory and other services for which it has, and in the future will, receive customary fees. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 above is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits.
Exhibit 10 Amendment No. 1, dated as of
Barclays Bank PLC, as Administrative Agent and Lender.
Exhibit 104 Cover Page Interactive Data File - The cover page iXBRL tags are embedded within
the Inline XBRL document. 2
--------------------------------------------------------------------------------
© Edgar Online, source