Memo to Lenders Regarding Extension of Credit Facility for Consolidated Edison, Inc. and Affiliates
JPMorgan Chase Bank, N.A., as Administrative Agent, notifies lenders that the one-year extension of the 5-year revolving credit facility for Consolidated Edison Company of New York, Inc., Consolidated Edison, Inc., and Orange and Rockland Utilities, Inc. is now effective as of June 19, 2007. The new maturity date is June 22, 2012. The memo lists the participating banks and their respective commitments, totaling $2,205,000,000. This extension was approved by all listed banks in accordance with the terms of the existing credit agreement.
Exhibit 4.1.3.2
Memo to Lenders
June 19, 2007
| JPMORGAN [logo] | JPMorgan Chase Bank, N.A. | |
| 600 Travis Street, 20th Floor | ||
| Houston, TX 77002 |
Pursuant to Section 2.19 of the Amended and Restated Credit Agreement dated as of June 22, 2006, JPMorgan Chase Bank, N.A. (“JPMorgan”), as Administrative Agent, declares that the one year extension for Consolidated Edison Company of New York, Inc., Consolidated Edison, Inc., and Orange and Rockland Utilities, Inc. (the “Company”) has been completed and is effective as of today, June 19, 2007. The new maturity date of the Company’s 5-year revolving credit facility will be June 22, 2012.
The banks listed below have approved the one year extension:
| Institution | Extension Commitment | ||
| JPMorgan Chase | $ | 220,000,000 | |
| Citibank | $ | 220,000,000 | |
| Bank of New York | $ | 160,000,000 | |
| Key Bank | $ | 160,000,000 | |
| Wachovia Bank | $ | 160,000,000 | |
| Bank of Tokyo-Mitsubishi UFJ | $ | 125,000,000 | |
| Barclays | $ | 125,000,000 | |
| HSBC Bank USA | $ | 125,000,000 | |
| Lehman | $ | 125,000,000 | |
| Merrill Lynch | $ | 125,000,000 | |
| Morgan Stanley | $ | 125,000,000 | |
| RBS | $ | 125,000,000 | |
| UBS | $ | 125,000,000 | |
| Mellon | $ | 75,000,000 | |
| Mizuho | $ | 75,000,000 | |
| Commerce Bank | $ | 45,000,000 | |
| State Street Bank | $ | 45,000,000 | |
| Wells Fargo | $ | 45,000,000 | |
| Total | $ | 2,205,000,000 | |
Thank you for your continued support of the Company.
