Hunton Andrews Kurth Advises on $1.4 Billion Debentures Offering by Consolidated Edison Company of New York, Inc.

Time 1 Minute Read
May 9, 2024
News

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Consolidated Edison Company of New York, Inc. (“CECONY”) of (i) 5.375% Debentures, Series 2024 A due 2034 and (ii) 5.70% Debentures, Series 2024 B due 2054.

CECONY, a subsidiary of Consolidated Edison, Inc., provides electric service to approximately 3.7 million customers in all of New York City (except a part of Queens) and most of Westchester County, an approximately 660 square mile service area with a population of more than nine million. CECONY delivers gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens and most of Westchester County. CECONY operates the largest steam distribution system in the United States by producing and delivering approximately 15,444 million pounds of steam annually to approximately 1,525 customers in parts of Manhattan.

The Hunton Andrews Kurth team included Michael F. Fitzpatrick, Patrick C. Jamieson, Reuben H. Pearlman and Monika M. Dziewa. Robert McNamara, William Freeman and Caitlin A. Scipioni provided tax advice.

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