Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 425

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 425
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2024):Issue DateSharesOutstandingRedemptionPrice perShareDividendsDeclared perShareDecember 31,(in millions, except shares and per share amounts)20242023No par value (cumulative):3-month SOFR+4.199% Series E 2012—$1,000 $24.418 $— $350 5.10% Series G 201388,0042,500 127.500 220 220 3-month SOFR+2.99% Series H 2014—2,500 187.776 — 275 5.375% Series J 2015130,0042,500 134.375 325 325 5.45% Series K 2016120,0042,500 136.250 300 300 5.00% Series L2017190,0042,500 125.000 475 475 7.50% Series M 2023220,0042,500 199.479 550 550 6.95% Series N2024140,0042,500 102.319350 —SCE's preference stock2,220 2,495 Less: issuance costs(45)(52)Edison International's preference stock of utility$2,175 $2,443 Shares of Series E, G, H and L preference stock may be redeemed at par, in whole or in part. Shares of Series J, K, and M preference stock may be redeemed at par, in whole, but not in part, at any time prior to September 15, 2025, March 15, 2026, and November 22, 2028, respectively, if certain changes in tax or investment company law or interpretation (or applicable rating agency equity credit criteria for Series L and M only) occur and certain other conditions are satisfied. On or after September 15, 2025, March 15, 2026, and November 22, 2028, SCE may redeem the Series J, K, and M shares, respectively, at par, in whole or in part. For shares of Series J and K preference stock, distributions will accrue and be payable at a floating rate from and including September 15, 2025 and March 15, 2026, respectively. In May 2024, $350 million Series N preference stock was issued. The proceeds were used to redeem