Fixed Income Investors

Capital Expenditure Expectations as of December 2019

Fixed Income Investor Chart

 

Note: All amounts rounded to the nearest $25M and numbers may not sum due to rounding
(1) Other includes long-term regulatory assets, which earn a return consistent with rate base, including Energy Efficiency and the Solar Rebate Program
(2) Capital spend represents cash CapEx with CENG at 100% and excludes merger commitments

 

Exelon Debt maturity Profile as of September 30, 2020(1) ($M)

 

Debt Maturity Chart

 

(1) Maturity profile excludes non-recourse debt, securitized debt, capital leases, fair value adjustments, unamortized debt issuance costs and unamortized discount/premium
(2) Long-term debt balances reflect Q3 2020 10-Q GAAP financials, which include items listed in footnote 1. On October 2, 2020, ExGen retired $550M of legacy CEG debt.
(3) Includes legacy CEG debt of $550M and $258M in 2020 and 2032

 

Current Credit Ratings as of November 4, 2020

 

Current Ratings (1) ExCorp ExGen ComEd PECO BGE ACE DPL Pepco
Moody’s
Baa2
Baa2 A1 Aa3 A3
A2
A2 A2
S&P BBB BBB A A A A A A
Fitch BBB+ BBB A A+ A A- A A-

 

(1) Current senior unsecured ratings as of November 4, 2020, for Exelon, Exelon Generation and BGE and senior secured ratings for ComEd, PECO, ACE, DPL, and Pepco

​​​​​​