FWP 1 dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-158920

Dated July 26, 2010

Commonwealth Edison Company

$500,000,000 FIRST MORTGAGE 4.00% BONDS, SERIES 109, DUE 2020

FINAL TERMS AND CONDITIONS

 

Issuer:      Commonwealth Edison Company
Ratings:     

Baa1 (Stable) (Moody’s)

A- (Stable) (S&P)

BBB+ (Stable) (Fitch)

Principal Amount:      $500,000,000
Title of Securities:      First Mortgage 4.00% Bonds, Series 109, due 2020
Legal Format:      SEC-Registered (Registration No. 333-158920)
Trade Date:      July 26, 2010
Settlement Date:      August 2, 2010
Maturity Date:      August 1, 2020
Issue Price:      99.976% of principal amount, plus accrued interest, if any, from August 2, 2010
Coupon:      4.00%
Benchmark Treasury:      3.50% due May 15, 2020
Spread to Benchmark:      100 basis points (1.00%)
Treasury Yield:      3.003%
Reoffer Yield:      4.003%
Interest Payment Dates:      Semi-annually on February 1 and August 1, commencing on February 1, 2011
Redemption Provisions:     
    Make-whole call:      At any time prior to May 1, 2020, at a discount rate of Treasury rate plus 15 basis points; and on or after May 1, 2020, 100% of the principal amount plus accrued and unpaid interest to the redemption date
CUSIP:      202795 HV5
Joint Book-Running Managers:     

Banc of America Securities LLC

Deutsche Bank Securities Inc.

Loop Capital Markets LLC

Scotia Capital (USA) Inc.

U.S. Bancorp Investments, Inc.

Senior Co-Manager:      Samuel A. Ramirez & Co., Inc.

 

 

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in


that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Banc of America Securities LLC by calling 1-800-294-1322, Deutsche Bank Securities Inc. by calling 1-800-503-4611, Loop Capital Markets, LLC by calling 1-888-294-8898, Scotia Capital (USA) Inc. by calling 1-800-372-3930, or U.S. Bancorp Investments, Inc. by calling 1-877-558-2607.