other material
confidence high
sentiment neutral
materiality 0.55
Edison International closes tender offers for $1.16B in Series A & B preferred stock
EDISON INTERNATIONAL
- Accepted $415.5M liquidation preference of Series B Preferred Stock (5.00%) at $995/$1,000 per share plus accrued dividends.
- Accepted $744.975M liquidation preference of Series A Preferred Stock (5.375%) at $1,000/$1,000 per share plus accrued dividends.
- Conditions to offers were satisfied; settlement expected December 23, 2025.
- Barclays, J.P. Morgan, Mizuho, Santander acted as dealer managers for the offers.