debt
confidence high
sentiment neutral
materiality 0.45
Edison International commences tender offers for Series A & B perpetual preferred stock totaling $1.66B
EDISON INTERNATIONAL
- Series A (5.375%) offer price $1,000 per $1,000 liquidation preference; aggregate $1.159B outstanding.
- Series B (5.00%) offer price $995 per $1,000 liquidation preference; aggregate $503M outstanding.
- Tender offers expire December 19, 2025; payment expected promptly after with cash on hand.
- Dealer managers: Barclays, J.P. Morgan, Mizuho, Santander.
- Company makes no recommendation; holders directed to read offer materials.