Exelon may enter into forward sale transactions under the at-the-market program

Davis Polk advised the forward sellers and the forward purchasers in connection with the forward sale component of the SEC-registered at-the-market offering program by Exelon Corporation under which Exelon may issue and sell shares of its common stock for up to an aggregate amount of $1 billion. 

Exelon is a utility services holding company engaged in the generation, delivery and marketing of energy.

The Davis Polk equity derivatives team included partner Caitlin L. Wood and associates Lindsey B. Meyers-Perez and Eugenia S. Lee. The Davis Polk tax team included partner Michael Farber, counsel Aliza Slansky and associates Danielle Rapaccioli and Eitan Ulmer. All members of the Davis Polk team are based in the New York office.