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0.00104220948410634 -0.00121591106479069 -0.00121591106479069 -0.00121591106479069 0.00260552371026586 0.00729546638874417 0.0133750217126976 0.0297029702970297
Stock impact report

Southern California Edison Commences Cash Tender Offer to Purchase Any & All 5.45% Fixed-to-Floating Rate Trust Preference Securities Issued by SCE Trust V

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
Company Research Source: Business Wire
ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison (the “Company”) today announced the commencement of its cash tender offer to purchase any and all of the outstanding 5.45% Fixed-to-Floating Rate Trust Preference Securities (the “Trust Securities” and such offer, the “Offer”) issued by SCE Trust V, a Delaware statutory trust subsidiary of the Company (the “Trust”), plus Accrued Distributions (as defined below).Series of SecuritiesCUSIP/ISIN No.Liquidation Amount Per SecurityAggregate Liquidation Amount OutstandingOffer Price5.45% Fixed-to-Floating Rate Trust Preference Securities78409W 201 / US78409W2017$25$300,000,000$25 per $25 liquidation amountThe Offer will expire on December 19, 2025 at 5 p.m., New York City time, unless the Company extends or earlier terminates the Offer (such time and date, as the same may be extended or earlier terminated, the “Expiration Date”).The consideration for the Trust Securities tendered and accepted for purchase will equal $25 per $2 Show less Read more
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