Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 191

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 191
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 recovery property.

Special payment date has the meaning specified under “Description of the Bonds—Payment on the Bonds” in this
prospectus.

Sponsor means Southern California Edison Company.

State pledge has the meaning specified under “Prospectus Summary of Terms—State Pledge” in this prospectus.

Tariffmeans the rate tariff submitted with the California commission as the issuance advice letter delivered pursuant to the
financing order to evidence the fixed recovery charges, as amended.

Treasury Regulations means proposed or issued regulations
promulgated from time to time under the Internal Revenue Code.

True-up means a mechanism
required by the Wildfire Financing Law and the financing order whereby the servicer will apply to the California commission for adjustments to the applicable fixed recovery charges based on actual collected fixed recovery charges and updated
assumptions by the servicer as to future collections of fixed recovery charges.

Trust Indenture Act means the Trust Indenture Act
of 1939, as amended.

Trustee means The Bank of New York Mellon Trust Company, N.A., as trustee under the indenture, and its
successors and assigns in such capacity.

UCC means, unless the context otherwise requires, the Uniform Commercial Code, as in
effect in the relevant jurisdiction, as amended from time to time.

U.S. Holder has the meaning specified under “Material U.S. Federal Income Tax Consequences—General—U.S. Holder and Non-U.S.Holder Defined” in this prospectus.

WEMA means the Wildfire Expense Memorandum Account.

WEMA costs means the costs approved for recovery through securitization pursuant to D.25-01-042, issued February 7, 2025.

Wildfire Financing Law means Article 5.8 of
Chapter 4 of the California Public Utilities Code, as amended.

Wildfire Insurance Fund means the insurance fund established under
AB 1054.

- 140 -

$1,642,716,000 Senior Secured Recovery Bonds, Series 2025-A

Southern California Edison Company

Sponsor, Depositor and Initial Servicer

SCE Recovery Funding LLC

Issuing Entity

Joint Bookrunners

Citigroup

Barclays

RBC Capital Markets

SMBC Nikko

Co-Managers

Academy Securities

Amerivet

Cabrera Capital Markets LLC

CastleOak Securities, L.P.

Drexel Hamilton

Loop Capital

Mischler Financial Group, Inc.

R.Seelaus & Co., LLC

Through and