secwatch.observer — SEC 8-K summary
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Issuer:     EDISON INTERNATIONAL (EIX)
CIK:        0000827052
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0000827052-22-000082
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edison International and SCE enter into $1B aggregate term loan facilities
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- Edison International (EIX) obtains $400M term loan due Nov 6, 2023.
- SCE obtains $600M term loan due May 7, 2024.
- EIX loan: Adjusted Term SOFR + 0.95% margin; SCE loan: Adjusted Term SOFR + 0.90% margin.
- Covenants: EIX total recourse debt-to-capital ≤ 0.70; SCE total debt-to-capital ≤ 0.65.
- Proceeds used for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827052/000082705222000082/0000827052-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92103/000082705222000082/eix-20221107x8k.htm
  HTML page:      https://secwatch.observer/filing/0000827052-22-000082

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