-----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, BQ+Mm83xG/UcbLQXGGcw/ijFaqLEhHCLvjw5lSM2fqBEk64dsD5uaGtIeWZvjkaR UohoWTMQQSkdaGyClJ3jbQ== 0001193125-10-131348.txt : 20100602 0001193125-10-131348.hdr.sgml : 20100602 20100602162034 ACCESSION NUMBER: 0001193125-10-131348 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100602 DATE AS OF CHANGE: 20100602 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: 333-161016 FILM NUMBER: 10873080 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. 333-161016

June 2, 2010

PRICING TERM SHEET FOR THE 5.70% DEBENTURES, SERIES 2010 B

 

Issuer:

Consolidated Edison Company of New York, Inc.

 

Anticipated Ratings (Moody’s; S&P; Fitch)*:

A3 (Stable); A- (Stable); A- (Stable)

 

Issue of Securities:

5.70% Debentures, Series 2010 B due 2040

 

Principal Amount:

$350,000,000

 

Interest Rate:

5.70% per annum

 

Interest Payment Dates:

June 15 and December 15, commencing on December 15, 2010

 

Maturity:

June 15, 2040

 

Treasury Benchmark:

4.625% due February 15, 2040

 

US Treasury Yield:

4.234%

 

Spread to Treasury:

+150 basis points

 

Re-offer Yield:

5.734%

 

Public Offering Price:

99.514%

 

Optional Redemption:

Make Whole at Treasury Rate +25 basis points

 

Pricing Date:

June 2, 2010

 

Settlement Date:

June 7, 2010 (T+3)

 

CUSIP:

209111FA6

 

Joint Book-Running Managers:

Banc of America Securities LLC

J.P. Morgan Securities Inc.

Morgan Stanley & Co. Incorporated

Wells Fargo Securities, LLC

 

Co-Managers:

KeyBanc Capital Markets Inc.

The Williams Capital Group, L.P.

Samuel A. Ramirez & Company, Inc.

*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 Banc of America Securities LLC toll free at 1-800-294-1322, J.P. Morgan Securities Inc. collect at 212-834-4533, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649, or Wells Fargo Securities, LLC toll-free at 1-800-326-5897.

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