debt
confidence high
sentiment neutral
materiality 0.50
Southern California Edison issues $1.25B in three-tranche mortgage bonds
SOUTHERN CALIFORNIA EDISON Co
- $300M of 4.20% Series 2022C First & Refunding Mortgage Bonds due 2025.
- $600M of 4.70% Series 2022D bonds due 2027.
- $350M of 5.45% Series 2022E bonds due 2052.
- Total offering of $1.25B principal amount of mortgage bonds.
- Underwriting agreement executed on May 18, 2022; closing expected May 19, 2022.