Commonwealth Edison Co.
| Company Deal | Commonwealth Edison Company: principal documents pertaining to the registration and sale of $33,000,000 first mortgage 3 1/2% bonds, series I, $39,250,000 convertible debentures, 3 1/2% series due 1958 |
|---|---|
| Transaction Type | First Mortgage Bonds / Convertible Debentures |
| Deal Description | Commonwealth Edison Company applied the net proceeds from the sale of the first mortgage bonds series I to the following purposes: the redemption of the company's first mortgage bonds series C and redemption of the company's first mortgage bonds series D. The company applied portions of the net proceeds from the sale of the convertible debentures to the following purposes: the redemption of bonds of Public Service Company and the redemption of all the preferred stocks of Illinois Northern Company. |