Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 157

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 157
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 may vote to appoint
a successor servicer that satisfies the rating agency condition. The servicing agreement will also provide that the trustee, together with the other persons specified therein, may petition the California commission or a court of competent
jurisdiction to appoint a successor servicer that meets this criterion. However, the automatic stay in effect during a servicer bankruptcy might delay or prevent a successor servicer’s replacement of the servicer. Even if a successor servicer
may be appointed and may replace the servicer, a successor servicer may be difficult to obtain and may not be capable of performing all of the duties that SCE as servicer was capable of performing. Furthermore, should the servicer enter into
bankruptcy, it may be permitted to stop acting as servicer.

USE OF PROCEEDS

The net proceeds of this offering are estimated to be approximately $ , after deducting underwriting discounts and
commissions and upfront transaction costs. Proceeds will be used to pay expenses of

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issuance and to purchase the recovery property from SCE and to pay financing costs relating to the bonds. In accordance with the financing order, SCE will use the proceeds it receives from the sale of the recovery property to recover WEMA costs, including the retirement of related debt. See “ SCE’s Financing Order” in this prospectus. The retirement of related debt will be the repayment at their respective maturities of the following First and Refunding Mortgage Bonds issued by SCE: $350,000,000 Series 2020C, bearing interest at 1.20% and maturing February 1, 2026; $400,000,000 Series 2023C, bearing interest at 4.90% and maturing June 1, 2026; $600,000,000 Series 2024C, bearing interest at 5.35% and maturing on March 1, 2026; and $500,000,000 Series 2024G, bearing interest at 4.40% and maturing September 6, 2026. PLAN OF DISTRIBUTION Subject to the terms and conditions in the underwriting agreement among us, SCE and the underwriters, for whom and are acting as representative, we have agreed to sell to the underwriters, and the underwriters have severally agreed to purchase, the principal amount of the bonds listed opposite each underwriter’s name below:

| Underwriter                         |     |  Tranche A-1 |     |  Tranche A