other material
confidence high
sentiment neutral
materiality 0.40
Edison International completes tender offers for Series A and B preferred stock; accepts $145.7M in tenders
EDISON INTERNATIONAL
- Offers expired Nov 16; total tenders: $84.2M Series B and $61.5M Series A, below $750M max.
- Company accepted all validly tendered shares at $895/$1,000 (Series B) and $915/$1,000 (Series A) plus accrued dividends.
- Settlement expected Nov 21, 2023; Barclays, Citigroup, Mizuho acted as dealer managers.