Add
CEG to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| CEG > SEC Filings for CEG > Form 8-K on 31-Aug-2009 | All Recent SEC Filings |
31-Aug-2009
Other Events
Effective August 24, 2009, Constellation Energy Group, Inc. entered into a new 5-year commodity-linked credit facility. The available capacity under the facility is dependent on natural gas price levels and allows for the issuance of letters of credit up to $500 million. We could increase the facility size to $750 million if certain conditions are met, including the closing of the nuclear joint venture with Electricite de France. This facility is expected to help manage our contingent collateral requirements associated with the hedging of our Customer Supply business.
Forward-Looking Statements
This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to expectations about our liquidity requirements. Words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," and other similar expressions are intended to identify forward looking statements. Such statements are based upon the current beliefs and expectations of our management and involve a number of significant risks and uncertainties, many of which are difficult to predict and generally beyond the control of Constellation Energy. Actual results may differ materially from the results anticipated in these forward-looking statements. Volatility in the credit, commodities and equity markets are factors, among others, that could cause or contribute to such material differences. Additional factors that could cause Constellation Energy's results to differ materially from those described in the forward-looking statements can be found in the periodic reports filed with the Securities and Exchange Commission, which are available at the Securities and Exchange Commission's Web site (http://www.sec.gov) at no charge. Constellation Energy assumes no responsibility to update any forward-looking statements as a result of new information or future developments except as expressly required by law.
|
|