debt
confidence high
sentiment neutral
materiality 0.50
SCE issues $1.1B in first and refunding mortgage bonds in two tranches
SOUTHERN CALIFORNIA EDISON Co
- Agreed to sell $400M of 4.90% First and Refunding Mortgage Bonds, Series 2023C, due 2026.
- Also agreed to sell $700M of 5.875% First and Refunding Mortgage Bonds, Series 2023D, due 2053.
- Underwriting agreement dated May 17, 2023; supplemental indenture dated May 18, 2023.