Wednesday, September 29, 2010

Citigroup (NYSE:C), Goldman (NYSE:GS), Barclays (NYSE:BCS) Part of Exelon's Note Sale

Exelon Generation Company enlisted the help of Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Barclays Capital (NYSE:BCS), among others, to be book-runners on their sale of $900 million in senior notes.

Included with the offering is $550 million in 4 percent notes due October 1, 2010, and $350 million in 5.75 percent notes due on October 1, 2041.

Exelon is raising the capital to pay for the takeover John Deere Renewables LLC and for general corporate purposes.

Other book-runners connected to the deal are Wells Fargo Securities, BNP Paribas Securities, RBS Securities, Mizuho Securities USA, The Williams Capital Group. Co-managing the deal is Lebenthal & Company.

The deal is expected to close September 30.

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