Edison International waives minimum tender condition, extends preferred stock tender offers to Nov 16

EDISON INTERNATIONAL

Waived $300M minimum tender condition; offers no longer contingent on that threshold.
Extended expiration from Nov 8 to Nov 16, 2023 at 8 a.m. ET; settlement expected Nov 21.
As of prior deadline, $182.4M Series B and $85.4M Series A liquidation preference tendered.
Offers: $895/$1,000 (Series B) and $915/$1,000 (Series A) plus accrued dividends.
Aggregate purchase price cap remains $750M; Barclays, Citigroup, Mizuho serving as dealer managers.

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