Orange and Rockland Utilities, Inc.’s Offering of $120 Million of Debentures

Hunton & Williams LLP advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and BNY Mellon Capital Markets, LLC, as joint book-running managers, in connection with Orange and Rockland Utilities, Inc.’s (“O&R”) issuance of $120 million in aggregate principal amount of its debentures in a private placement under Rule 144A of the Securities Act of 1933, as amended, to eligible purchasers.

O&R was incorporated in New York State in 1926. O&R is a wholly-owned subsidiary of Consolidated Edison, Inc. O&R and its two wholly-owned utility subsidiaries, Rockland Electric Company (“RECO”) and Pike County Light & Power Company (“Pike”), provide service in an approximately 1,350 square mile service area. O&R provides electric and gas service in southeastern New York. RECO provides electric service in adjacent areas of northern New Jersey. Pike provides electric and gas service in eastern Pennsylvania.

The Hunton & Williams LLP team included Michael Fitzpatrick and Christina Kwon.