Fixed Income Investors

Capital Expenditure Expectations as of December 31, 2020

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
(3) Committed Growth Capex reflects retail solar spend. The proceeds from the sale of the business (expected to close in the first half of 2021) will include a reimbursement for this spend.

 

Exelon Debt maturity Profile as of June 30, 2021(1,2) ($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 Q2 2021 10-Q GAAP financials, which include items listed in footnote 1
(3) Includes $258M of legacy CEG debt in 2032

 

Current Credit Ratings as of August 4, 2021

 

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 August 4, 2021, for Exelon, Exelon Generation and BGE and senior secured ratings for ComEd, PECO, ACE, DPL, and Pepco