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C.L. King Co-Manages $425 Million PECO Energy Bond Offering

C.L. King acted as Co-Manager for PECO Energy Company in its $425M 4.375% 30yr First and Refunding Mortgage Bonds due 8/15/52. PECO Energy is a wholly-owned subsidiary of Exelon Corporation (NASDAQ: EXC).

This issue is rated Aa3/A/A+.