SCE extends term loan maturity to May 2023, transitions to SOFR from LIBOR

SOUTHERN CALIFORNIA EDISON Co

Maturity extended from May 9, 2022 to May 8, 2023, with possible further 364-day extension at lender discretion.
Benchmark rate changed from LIBOR to Adjusted Term SOFR plus 0.10% spread, aligning with market practice.
MUFG Bank assigned its loans pro rata to other lenders; Royal Bank of Canada remains administrative agent.
Representations and warranties reaffirmed; no event of default noted.

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