Bond Commonwealth Energy Co. 3.7% ( US202795JN13 ) in USD

Issuer	Commonwealth Energy Co.
Market price	98.98 % ▼
Country	United States
ISIN code	US202795JN13 ( in USD )
Interest rate	3.7% per year ( payment 2 times a year)
Maturity	14/08/2028
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Minimal amount	2 000 USD
Total amount	550 000 000 USD
Cusip	202795JN1
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	15/02/2026 ( In 6 days )
Detailed description	Commonwealth Edison Company (ComEd) is a major electric utility company serving northern Illinois, a subsidiary of Exelon Corporation. A recent financial market observation centers on a corporate bond issued by Commonwealth Edison Co, bearing the ISIN US202795JN13 and CUSIP 202795JN1. This specific obligation, denominated in US Dollars, features a fixed interest rate of 3.7% and is slated for maturity on August 14, 2028. Interest payments are distributed to bondholders on a semi-annual basis, reflecting a payment frequency of two per year. The total principal amount of this issuance, originating from the United States, reaches $550,000,000, with a stipulated minimum purchase size for investors set at $2,000. On the secondary market, this bond is currently quoted at 98.36% of its par value. The issuer, Commonwealth Edison Co, widely recognized as ComEd, is a prominent electric utility based in the United States, providing essential electricity services to millions of customers across northern Illinois, including the Chicago metropolitan area. As a regulated utility, ComEd's operations are typically characterized by a stable revenue stream and predictable cash flows. The credit quality of this bond is robust, as evidenced by its investment-grade ratings from major agencies: Standard & Poor's has assigned an 'A' rating, while Moody's has provided an 'A1' rating. These assessments place the bond firmly within the upper-medium investment grade category, indicating a strong capacity for the issuer to meet its financial obligations, though it remains subject to potential impacts from changes in economic conditions or specific circumstances.