FREE WRITING PROSPECTUS

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PBbMHTf0sVSfEEa5LBgJnfMgZU1yKlzSV0zB/0q+OD6EcT9vnuptB5kCswKHWP2r 6tCSbMVL4AjgQnheBjwGMw== 0001193125-09-061050.txt : 20090323 0001193125-09-061050.hdr.sgml : 20090323 20090323163633 ACCESSION NUMBER: 0001193125-09-061050 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090323 DATE AS OF CHANGE: 20090323 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED EDISON CO OF NEW YORK INC CENTRAL INDEX KEY: 0000023632 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 135009340 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-136268 FILM NUMBER: 09699135 BUSINESS ADDRESS: STREET 1: 4 IRVING PL CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2124604600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED EDISON CO OF NEW YORK INC CENTRAL INDEX KEY: 0000023632 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 135009340 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 4 IRVING PL CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2124604600 FWP 1 dfwp.htm FREE WRITING PROSPECTUS FREE WRITING PROSPECTUS

Filed Pursuant to Rule 433

Registration Statement No. 333-136268

March 23, 2009

PRICING TERM SHEET FOR THE 5.55% DEBENTURES, SERIES 2009 A



Issuer:		Consolidated Edison Company of New York, Inc.

*Anticipated Ratings (Moody’s; S&P; Fitch):**		A1 (Review for Possible Downgrade); A- (Stable); A- (Stable)

Issue of Securities:		5.55% Debentures, Series 2009 A due 2014

Principal Amount:		$275,000,000

Interest Rate and Interest Payment Dates:		5.55% per annum, payable April 1 and October 1, commencing on October 1, 2009

Record Dates:		March 15 and September 15

Maturity:		April 1, 2014

Treasury Benchmark:		1.875% due February 28, 2014

US Treasury Yield:		1.693%

Spread to Treasury:		+387.5 basis points

Re-offer Yield:		5.568%

Public Offering Price:		per Debenture: 99.921%; Total: $274,782,750

Optional Redemption:		Make Whole at Treasury Rate +50 basis points

Minimum Denomination:		$1,000

Settlement Date:		March 25, 2009 (T+2)

CUSIP:		209111 EW9

Joint Book-Running Managers:		Barclays Capital Inc.
		Morgan Stanley & Co. Incorporated
		Wachovia Capital Markets, LLC

Co-Managers:		Cabrera Capital Markets, LLC
		KeyBanc Capital Markets Inc.
		Mitsubishi UFJ Securities (USA), Inc.
		Mizuho Securities USA Inc.
		M.R. Beal & Company

*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus 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 visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll free at 1-888-227-2275, Ext. 2663, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Wachovia Capital Markets, LLC toll free at 1-800-326-5897.

-----END PRIVACY-ENHANCED MESSAGE-----