secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN CALIFORNIA EDISON Co (SCE-PN)
CIK:        0000092103
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0000092103-22-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92103/000009210322000008/0000092103-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92103/000009210322000008/sce-20220509x8k.htm
  HTML page:      https://secwatch.observer/filing/0000092103-22-000008

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