Filed Pursuant to Rule 433
Registration Statement No. 333-99363
Dated February 27, 2006
Issuer: | Commonwealth Edison Company | |
Ratings: | Baa1 (Moody’s); A- (S&P); A- (Fitch) | |
Principal Amount: | $325,000,000 | |
Title of Securities: | First Mortgage 5.90% Bonds, Series 103, due 2036 | |
Legal Format: | SEC Registered (Registration No. 333-99363) | |
Settlement Date: | March 6, 2006 | |
Maturity Date: | March 15, 2036 | |
Issue Price: | 99.371% of principal amount, plus accrued interest, if any, from March 6, 2006 | |
Proceeds (before expenses) to ComEd | 98.496% per Bond; $320,112,000 total | |
Coupon: | 5.90% | |
Benchmark Treasury: | 5.375% due February 15, 2031 | |
Spread to Benchmark: | 130 basis points (1.30%) | |
Treasury Yield: | 4.645% | |
Yield: | 5.945% | |
Interest Payment Dates: | Semi-annually on March 15 and September 15, commencing on September 15, 2006 | |
Redemption Provisions: | ||
Make-whole call: | At any time at a discount rate of Treasury rate plus 25 basis points. | |
CUSIP: | 202795 HK 9 | |
Underwriters: | J.P. Morgan Securities Inc. (27%) Lehman Brothers Inc. (27%) Morgan Stanley & Co. Incorporated (27%) Wachovia Capital Markets, LLC (15%) Popular Securities, Inc. (4%) | |
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) atwww.sec.gov. Alternatively, you may obtain a copy of the prospectus from Lehman Brothers Inc. by calling 1-888-603-5847, J.P. Morgan Securities Inc. by calling collect 1-212-834-4533, or Morgan Stanley & Co. Incorporated by calling 1-866-718-1649.
