Edison International Announces Agreement to Sell $550 Million of 5.25% Senior Notes due 2032

On October 31, 2024, Edison International made public that it had reached an agreement to sell $550 million principal amount of its 5.25% Senior Notes due in 2032. This announcement was detailed in an 8-K filing with the Securities and Exchange Commission.

The utility company provided further information regarding the Notes in the exhibits attached to the filing, including the Underwriting Agreement dated October 31, 2024, the Thirteenth Supplemental Indenture dated November 5, 2024, as well as the Opinion of Michael A. Henry dated November 5, 2024. Additionally, the filing included a Cover Page Interactive Data File embedded within the Inline XBRL document.

Edison International’s decision to sell these Senior Notes is a strategic move that will likely impact its financial position in the coming years. The company’s aim behind this issuance and sale of these Notes was not explicitly mentioned in the filing.

The filing also included information to enable investors and interested parties to understand Edison International’s current financial standing to make informed decisions. The company, with its principal executive offices located in Rosemead, California, continues to be an active participant in the financial markets.

Edison International, with the NYSE trading symbol EIX, stands to benefit from this issuance, which allows for better capital management and potential opportunities for growth. Investors and stakeholders will be closely monitoring the implications of this financial move on the company’s overall performance in the foreseeable future.

This 8-K filing showcases Edison International’s commitment to maintaining transparency and regulatory compliance as a publicly traded entity. The financial market will be observing Edison International’s trajectory following this significant financial development.

This news was extracted from the 8-K SEC Filing of Edison International. For more details and comprehensive information, interested parties are advised to refer to the official regulatory document.

The original 8-K filing was lodged with the U.S. Securities and Exchange Commission regarding this agreement. More information can be found in the public records accessible through the SEC’s database.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Edison International’s 8K filing here.

About Edison International

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.