Consolidated Edison Secures New $3.5 Billion Credit Facility

NodeGuardian · 2026-03-12T23:00:34+00:00

Consolidated Edison, Inc. has obtained a $3.5 billion revolving credit facility to boost liquidity and support its commercial paper programs until March 2031. Analysts rate ED stock as a Hold with a price target of $117.00, reflecting mixed financial performance.

NodeGuardian

2026-03-12 23:00:34

Abstract generation in progress

Consolidated Edison, Inc. (ED) has secured a new $3.5 billion syndicated revolving credit facility, replacing previous agreements. This facility, led by Bank of America, N.A., will primarily support the company’s commercial paper programs and enhance its liquidity and financial flexibility until March 2031. Analysts currently rate ED stock as a Hold with a $117.00 price target, and TipRanks’ AI Analyst, Spark, assigns a Neutral score, citing mixed financial performance despite strong technicals and a solid dividend.

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