Company: SCE-PL
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000827052-25-000100
Chunk: 127

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 7
Chunk 127
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erm DebtDuring the nine months ended September 30, 2025, SCE issued the following first and refunding mortgage bonds:DescriptionMonth of IssuanceRateMaturity DateAmount (in millions)Series 2025AJanuary 20255.45%2035$850 Series 2025BJanuary 20255.90%2055650 Series 2025CMarch 20255.25%2030850 Series 2025DMarch 20256.20%2055650 Total$3,000 The proceeds were used to repay commercial paper borrowings and for general corporate purposes.In March 2025, Edison International Parent issued $550 million of 6.25% senior notes due in 2030. The proceeds were used to repay commercial paper and for general corporate purposes.Credit Agreements and Short-Term DebtThe following table summarizes the status of the credit facilities at September 30, 2025:(in millions, except for rates)BorrowerTermination DateSecured Overnight Financing Rate ("SOFR") Plus (bps)CommitmentOutstanding BorrowingsOutstanding Letters of CreditAmount AvailableEdison International Parent1, 3May 2029128 $1,500 $662 $— $838 SCE2, 3May 2029108 3,350 1,227 2 2,121 Total Edison International$4,850 $1,889 $2 $2,959 1At September 30, 2025, Edison International Parent had $660 million outstanding commercial paper, net of a $2 million discount, at a weighted-average interest rate of 4.63%.2At September 30, 2025, SCE had $1.2 billion outstanding commercial paper, net of a $8 million discount, at a weighted-average interest rate of 4.81%.3The aggregate maximum principal amount under the SCE and Edison International Parent revolving credit facilities may be increased up to $4.0 billion and $2.0 billion, respectively, provided that additional lender commitments are obtained. In May 2025, Edison International Parent and SCE amended their credit facilities to extend the maturity date to May 2029.

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Uncommitted Letters of CreditSCE entered into agreements with certain lenders for bilateral unsecured standby letters of credit ("SBLC") with a total capacity of $660 million that is uncommitted and supported by reimbursement agreements. The SB